This study proposed the direct extrusion and continuous-shear deformation (DECS) process for the co-extrusion of Mg-AZ31B/Al 6063, aiming to prepare high-plasticity Mg/Al composite sheets. The effect of extrusion temperature on the microstructure and mechanical properties of the Mg/Al composite sheet was systematically studied. The results show that Mg/Al composite sheets with no voids or cracks at the interface were successfully prepared by the DECS process. The microstructure of the Mg layer at different extrusion temperatures primarily consists of equiaxed fine grains, with grain sizes of 7.29 μm, 8.98 μm, and 9.88 μm at 330℃, 360℃, and 390℃, respectively. The Mg layer exhibits a typical extrusion texture, with the c-axis of most grains parallel to the transverse direction (TD). With the increase in extrusion temperature, the c-axis of some grains deviates from the TD toward the normal direction (ND). The Al layer mainly consists of elongated deformed grains and fine dynamically recrystallized (DRXed) grains distributed along the extrusion direction (ED). The AZ31 Mg alloy with refined grains maintains the ultimate tensile strength of the Mg/Al composite sheet, while the Al matrix enhances its plasticity. At 330℃, the Mg/Al composite sheet shows an ultimate tensile strength of 244.48 MPa ± 4.35 and an elongation of 39.42% ± 0.06. The influence of the bonding layer thickness on the shear and tensile properties of the composite sheet was studied, revealing that increasing the bonding layer thickness reduces the shear strength of the Mg/Al composite sheet but positively affects its tensile strength. [ABSTRACT FROM AUTHOR]