Sheet metals usually experience various loading paths such as uniaxial tension, uniaxial compression, biaxial tension, and simple shear during the forming process. However, the existing constitutive models cannot always accurately describe blanks' anisotropic yield and plastic flow behavior of blanks under all typical stress states. Given this, this paper improves the Eyld2000-2d yield criterion by introducing hydrostatic pressure to the A-Eyld2000-2d yield criterion that can describe the strength differential effect of materials. Meanwhile, to control the curvature of the yield surface more effectively, the near-plane strain yield stresses were added in the parameter identification process to calibrate the exponent m, so that the exponent is no longer considered as a constant value. Taking the widely used AA6016-T4, AA5754-O, DP980, and QP980 blanks in the automotive stamping industry as an example, the effectiveness of the new model and different parameter identification methods was verified by predicting experimental data under various simple and complex loading paths. Subsequently, the new model employing the optimal parameter identification strategy was compared with four widely used asymmetric yield criteria under associated and non-associated flow rules, including CPB06, LHY2013, S-Y2004, and Hu & Yoon2021, to further verify the accuracy of the proposed constitutive model. The results indicate that parameter identification strategy with variable exponent can significantly improve the flexibility of the yield criterion in describing the plastic anisotropy of blanks. Compared to the other yield criteria examined in this work, the new model provides the best prediction accuracy for the yield stresses and plastic flows of all blanks, especially in the near-plane strain and simple shear stress states. Modeling under the concept of anisotropic hardening can more accurately capture the evolving plastic behavior of blanks than isotropic hardening.