On 8 August 2017, a surface wave magnitude (Ms) 7.0 earthquake occurred at the buried faults extending to the north of the Huya fault. Based on the coseismic deformation field obtained from interferometric synthetic aperture radar (InSAR) data and a series of finite fault model tests, we propose a brand-new two-fault model composed of a main fault and a secondary fault as the optimal model for the Jiuzhaigou earthquake, in which the secondary fault is at a wide obtuse angle to the northern end of the main fault plane. Results show that the dislocation distribution is dominated by sinistral slip, with a significant shallow slip deficit. The main fault consists of two asperities bounded by an aftershock gap, which may represent a barrier. In addition, most aftershocks are located in stress shadows and appear a complementary pattern with the coseismic high-slip regions. We propose that the aftershocks are attributable to the background tectonic stress, which may be related to the velocity-strengthening zones.