Li-rich Mn-based layered oxides (LMLOs) are promising cathode material candidate for the next-generation Li-ion batteries (LIBs) of high energy density. However, the fast capacity fading and voltage decay as well as low Coulombic efficiency caused by irreversible oxygen release and phase transition during the electrochemical process hinder their practical application. To solve these problems, in the present study, a multifunctional surface construction involving a coating layer, spinel-layered heterostructure, and rich-in oxygen vacancies is successfully conducted by a facile thermal reduction of the LMLO particles with potassium borohydride (KBH