The fine-grained sediments and carbonate rocks with a thickness of 300 m are discovered at the Binggounan Formation of Neoproterozoic Cryogenian system in Hongliugou section Ⅰ of Altyn in Xinjiang,and the asphalt which is the indicator of oil and gas is also found. Based on the section measurement,petrology and geochemistry of the 160 m thickness of siliceous rocks,it shows that siliceous rocks in the profile are mainly composed of quartz,clay,and tiny amounts of iron,manganese and phosphorus-bearing independent minerals. It has three types of structures,including cryptocrystalline,microcrystalline quartz and coarse-megacrystalline quartz with a “mosaic structure”. The concents of SiO2,Fe2O3,Ba and δEun in siliceous rocks are relatively high,while the contents of Al2O3,MnO,MnO/TiO2,U/Th, Sr/Ba are much lower. The values of ∑REE,Sr/Ba,MnO2/TiO2 and δCen change regularly. The average δ30Si is -0.43‰(-0.8‰~0.3‰),and the average $\delta^{18}O_{Snow}$ is 20.42‰(16.0‰~26.0‰),and the estimated average temperature is 90 ℃(52~127 ℃),which indicates that there are multiple sedimentary cycles for the siliceous rocks. They deposit in the continental margin basin that is characterized as the mixing of sea water and hydrothermal fluid. Afterwards,they underwent the early diagenesis,shallow burial period,the superimposition and reworking of thermal and fresh water related with the multiple strike slipping activities.