High heat flux density in the micro-electronics field urges the demand for functional surface for heat transfer. Micro-grooved surface is the classical heat transfer surface because of the larger specific area and better inducement of turbulence. A novel micro-grooved surface manufacturing process, the rolling-cutting process, is proposed to produce microgrooved strips. Experiments are conducted to analyze the influence of processing parameters on the strips forming. The optimal combination of processing parameters is given to attain the micro-grooved strips with higher fins height and thinner base thickness. Additionally, the obtained strips are of three-dimensional structures with serrated bulges at the top. The difference between the material flow of serrated bulges and strip base is discussed, and the forming of serrated bulges is mainly due to inhomogeneous sinuous material flow.