residue as the raw material. As one of the preconceived raw material to produce high-quality coal-based carbon material, the changes of structure of CLP during liquid-phase carbonization process have been detailed investigated in this study. Actually, FTIR and curve-fitted method were used to quantitative analyze the aromaticity index (Iar), the ratio of CH3/ CH2, and basic functional groups (C=C, C=O, and C–O) of CLP and its liquid-phase carbonization products. Polarizing microscope, XRD and curve-fitted methods were used to characterize the microstructures of CLP and derived products. The results show that, branched chain and C=O group are the active reaction point in liquid-phase carbonization process. What’s more, 450 °C is a critical temperature point on the severe thermal polycondensation of CLP. The XRD and curve-fitted analysis of CLP and its liquid-phase carbonization products shows that, the stacking height (Lc), parallel layers (N), and the numbers of aromatic ring in each layer (n) are gradually larger with the improve of liquid-phase carbonization temperature.