This article focuses on zircon U-Pb isotope dating and a whole-rock elemental analysis of granodiorites, monzonitic granites, granodioritic porphyries, and alkali feldspar granites in the Yangmugang area of the Lesser Xing’an–Zhangguangcai Range. The zircon U-Pb isotope-dating results revealed that these granitic rocks formed during the late Early Jurassic period (182.9–177.2 Ma). Their geochemical characteristics and zircon saturation temperatures suggest that the granodiorites are moderately differentiated I-type granites and the monzonitic granite, granodioritic porphyries, and alkali feldspar granites are highly differentiated I-type granites. The degree of magma differentiation progressively increased from granodiorites to alkali feldspar granites. By combining the regional Nd and Hf isotope compositions, it was inferred that the magma source involved the melting of lower crustal material from the Mesoproterozoic to the Neoproterozoic eras. By integrating these findings with contemporaneous intrusive rock spatial variations, it was indicated that the late Early Jurassic granitoids in the Lesser Xing’an–Zhangguangcai Range formed within an extensional tectonic setting after the collision and closure of the Songnen–Zhangguangcai Range and Jiamusi blocks. Additionally, this study constrains the closure of the Mudanjiang Ocean to the late Early Jurassic period (177.2 Ma).