In order to acknowledge the enrichment mechanism of organic matter in the black shale of the Middle Ordovician Yanxi Formation in central and southern Hunan area, the shale samples of the Yanxi Formation in the Maduqiao, Jinweixiang, Hejiadong and Mianhuaping are selected to test abundance of organic matter, major, trace and rare earth elements. The results show that the average total organic carbon (TOC) of black shale in study area is 2.03%, indicating the high abundance of organic matter in the Yanxi Formation. The CIA values and w(Sr)/w(Cu) ratios show that the Yanxi Formation had a warm and humid climate. The concentrations of Zn, V, Ni and Cu imply a medium primary productivity in the Yanxi Formation, whereas they have weak correlations with TOC. The element concentrations of V, Cr, Ni, and Mo reveal that the black shales were deposited in anoxic-euxinic conditions. The accumulation of organic matter is jointly affected by paleoclimate, primary productivity, redox conditions, sea level change and terrigenous debris. The organic matter enrichment model of the Yanxi Formation shales is a 'deepwater retention basin' controlleded by anoxic conditions.