The present invention relates to the field of honeycomb panel production, in particular to a compound processing machine for producing and forming honeycomb panels, including a clamping mechanism and a pressing mechanism. The clamping mechanism is placed on the ground, and a pressing mechanism is arranged at the left end of the clamping mechanism. The fixing mechanism includes the vertical frame, the disc, the No. 1 electric push rod, the splint, the limit block, the stopper, the connecting plate, the No. 1 electric slider, the ear plate, the support plate, the support rod, the connecting plate, the bottom block and the No. 2 Electric slider, the invention adopts the design concept of multi-directional limit, the processing machine as a whole can not only realize the multi-directional clamping of the honeycomb core to avoid offset or deformation of the honeycomb core, but also has the ability to flip the honeycomb core to accept double The function of surface composite panel processing, and the pressing mechanism set at the same time can suppress the relationship between the panel and the honeycomb core, thereby achieving the purpose of improving the bonding tightness between the honeycomb core and the panel, and improving the composite molding quality of the honeycomb panel.