1000 MPa grade cold-rolled duplex steel with 5 component systems was trial-produced in the laboratory. After hot rolling, pickling and cold rolling, the test steel was simulated continuous annealing on Gleeble-3800 thermal simulator. The microstructure and properties of 5 kinds of experimental steels after simulated annealing were analyzed. The results show that C and Mn elements are the basic alloy systems of all duplex steels. In the case of low Si element, the C element content of the 1000 MPa grade dual phase steel should be 0.15 % or higher, and the Mn element content should be higher than 1.8 %. Si element increased to the A3 point, while the amount of austenite was less in the two-phase region during annealing, and the volume fractionof martensiteafter the rapid cooling is insufficient; Nb element is a high-efficiency fine-grain strengthening element, which greatly improvedthe uniformity of the steel species. The fine-grained martensite islands have enhance the tempering stability of martensite and thereby to reduce the adverse strength effect from over-aging temperature.