The present invention discloses a flying shear blade. The component has the weight percentage that C is 0.40-0.70, Si is 0.50-1.20, Mn is 0.20-0.50, Cr is 4.00-6.00, Mo is 0.50-2.00, V is 0.30-1.50, P is less than or equal to 0.02, S is less than or equal to 0.02, and Fe and inevitable impurity are the residual. The present invention provides a manufacture method of electric furnace smelting, and ingot casting; hydrogen removing and annealing treatment, and forging; preliminary heat treatment, rough machining, quenching and tempering heat treatment (primary quenching and high temperature tempering), semi finishing, ultimate heat treatment (secondary quenching, primary low temperature tempering, and secondary low temperature tempering), and fine finishing. By effectively controlling the material texture and the morphology, the quantity, the size and the distribution of carbonide, the quenching temperature and the tempering temperature of the quenching and tempering heat treatment, and the quenching temperature and the tempering temperature of the ultimate heat treatment are controlled, the texture crystal grains are more refined, the carbonide is distributed in a dispersed way, and simultaneously, the thermal stability and the retentivity are remarkably enhanced, thereby being advantageous for improving the operational performance of the blade.