Due to the breeding of dense-resistant and lodging-resistant varieties in maize production, dense planting has become an effective means for achieving high and stable yields, while excellent hybrids are a prerequisite for reasonable dense planting in maize production. Nonetheless, the photosynthetic mechanism of improving plant density tolerance of maize hybrids released at different era in China remains unclear. This study aims to investigate the 40-year breeding effort for enhanced photosynthetic trait at different densities, and elucidate the physiological and ecological mechanisms of improving the density tolerance of maize hybrids. We conducted a 3-year study in 2019, 2020, and 2021. From 1970 to 2009, a comparison was made between the eight major hybrids promoted in China, divided into four decades, under three planting densities (45,000 (D1), 67,500 (D2), and 90,000 (D3) plants ha−1). At high density, modern hybrids had more rational canopy structure and leaf photosynthetic performance compared with old hybrids and specific leaf nitrogen has decreased slightly. Among all treatments, the modern hybrids (2000s) were able to maintain higher net photosynthetic rate and photosynthetic nitrogen utilization efficiency (PNUE) at D3 density, and therefore possessed the highest grain yield (GY), which was 118.47% higher than that of the old hybrids (1970s). Leaf area duration after anthesis, total chlorophyll content, photosynthesis key enzyme activities, and maximum efficiency of PSII photochemistry were all positively correlated with GY, with PNUE was more significantly correlated with GY indeed and is a key indicator for maize hybrids optimization. Based on these results, breeders should continue to conduct hybrid selections under adverse and high-density conditions, focusing on the optimization of population structure and the continuous improvement of photosynthetic capacity, searching for the optimal leaf nitrogen-content status, so as to select and breed high-yielding and density-tolerance hybrids, which resulted in a sustained increase in maize GY.
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