The invention relates to paper shearing equipment. The paper shearing equipment comprises a moved knife and a fixed knife, wherein the moved knife comprises a rotating shaft and a moved knife body, the rotating shaft is used for driving the moved knife body to rotate, and the moved knife body comprises a compaction segment and a shearing segment which are connected; the fixed knife comprises a pin shaft and a fixed knife body, wherein the pin shaft is used for fixing the fixed knife body, a fixed knife edge is positioned on one side, corresponding to the moved knife, of the fixed knife body, and is parallel to the pin shaft, and the pin shaft is parallel to the rotating shaft; the compaction segment is compacted on the fixed knife body, when the moved knife reverselyrotates to a preset position in a first direction or a second direction, one end, near the lower bottom surface, of a moved knife edge is in contact with the fixed knife edge, and a shearing angle is formed by the moved knife edge and the fixed knife edge; in the process that the moved knife continues rotating in the first direction, the movable knife is matched with the fixed knife for shearing paper between the fixed knife edge and the moved knife edge. According to the technical scheme of the invention, the moved knife edge and the fixed knife edge can be used for shearing the paper, shearing effects can be effectively realized for the paper with different deflections, in addition, in the shearing process, impact does not exist, and damage to the equipment and other positions of the paper is extremely small.