The Yangbishan iron–tungsten deposit in the Shuangyashan area of Heilongjiang Province is located in the center of the Jiamusi Massif in northeastern China. The rare earth element and trace element compositions of the scheelite show that it formed in a reducing environment and inherited the rare earth element features of the ore-forming fluid. The geochemical characteristics of the gneissic granite associated with the tungsten mineralization show that the magma formed in this reducing environment and originated from the partial melting of metamorphosed shale that contained organic carbon and was enriched with tungsten. In addition, in situ Hf isotopic analysis of zircons from the gneissic granite indicates that they probably originated from the partial melting of a predominantly Paleo–Mesoproterozoic crustal source. According to LA-ICP-MS zircon dating, the Yangbishan ore-related gneissic granite has an Early Paleozoic crystallization age of 520.6 ± 2.8 Ma. This study, together with previous data, indicates that the massifs of northeastern China, including Erguna, Xing'an, Songliao, Jiamusi, and Khanka massifs, belonged to an orogenic belt that existed along the southern margin of the Siberian Craton during the late Pan-African period. The significant continental movements of this orogeny resulted in widespread magmatic activity in northeastern China from 530 Ma to 470 Ma under a tectonic setting that transitioned from compressional syn-collision to extensional post-collision.