The Late Paleozoic tectonic evolution of the Xing’an block in the eastern Central Asian orogenic belt has long been the subject of debate. In this paper, a comprehensive study of U-Pb zircon ages, Lu-Hf isotopes and whole-rock elemental analyses was carried out on Hadayang schists. Representative samples of the epidote-biotite-albite schist and biotite-albite schist yielded the weighted mean ²⁰⁶Pb/²³⁸U ages of 360 ± 2 Ma and 355 ± 3 Ma, respectively. This indicated the presence of Late Devonian–Early Carboniferous intermediate-basic rocks in the eastern Xing’an block. The Hadayang schists exhibited a Na-rich, tholeiitic and calc-alkaline affinity in composition with low Mg# (35.2–53.0), Cr (23.7–86.5 ppm), Ni (21.1–40.0 ppm) and Co (12.1–30.6 ppm). They were characterized by enrichment of LILEs, depletion of HFSEs and highly positive zircon ε_Hf(t) values (the average values were +8.93 and +9.29, respectively). The magma source of the Hadayang schists was a mantle that consisted of both spinel and garnet lherzolite, with a partial melting degree of 1%–5%, and it had undergone fractional crystallization of olivine, orthopyroxene and plagioclase. The Hadayang schists, together with other Late Devonian–Early Carboniferous intermediate-basic magmatic rocks in the eastern Xing’an block, were formed in an intracontinental extension tectonic setting similar to that of the North American Basin and Range basalt. Moreover, Late Devonian–Early Carboniferous ophiolite under a similar tectonic background in the western Xing’an block has been reported. We believe that the Xing’an block would have been in the stage of intracontinental extension during the Late Devonian–Early Carboniferous.