The surface reconstruction of transition metal-based catalysts has been demonstrated to be beneficial for oxygen evolution reaction (OER). However, regulating the activity and stability of the components derived from reconstruction is challenging. Here, a strategy of Fe3+ ion modulating the reconstruction components of CoN0.4 on a nitrogen-doped carbon carrier(CoN0.4 /NC) electrocatalyst for promoted OER activity and stability is reported. During the OER process, the cobalt nitride components on the surface of CoN0.4 /NC catalyst were converted into CoOOH and Co4+ species. The addition of Fe3+ stabilized the CoOOH phase and facilitated the formation of Fe-CoOOH active phase, enhancing the activity and stability of CoN0.4 /NC. The Fe10 -CoN0.4 /NC catalyst achieved a current density of 10 mA cm-2 at a low overpotential of 300 mV (vs. RHE) with a Tafel slope of 68.12 mV dec-1 . The overpotential of Fe10 -CoN0.4 /NC was 122 mV lower than that of the CoN0.4 /NC catalyst and was comparable to commercial RuO2 catalyst. This study develops a novel technology for regulating the production of reconstructed species using Fe3+ ions.