A catalytic reductive fractionation method for lignocellulosic biomass, termed lignin‐first biorefinery, has emerged, which emphasises preferential depolymerization of the protolignin. However, in most studies, the lignin‐first biorefinery is only effective for hardwood that has a high syringyl/guaiacol (S/G) ratio of lignin building blocks, and the degradation of hemicellulose also takes place simultaneously to a certain degree. In this study, two task‐specific catalysts were developed to realize hemicellulose retention and feedstock extension through the development of an objective performance–structure relationship. It is found that MoxC/carbon nanotube (CNT) is highly selective in the cleavage of bonds between carbohydrates and lignin and ether bonds in lignin during the catalytic reductive fractionation of hardwood, leading to a carbohydrate (both cellulose and hemicellulose) retention degree in the solid product close to the theoretical maximum and a delignification degree as high as 98.1 %. Ru/CMK‐3 is demonstrated to be effective in the catalytic reductive fractionation of softwood and grass, resulting from its weak acidity and high mesoporosity.