To streamline germplasm preservation, enhance resource utilization, and improve breeding efficiency, a core germplasm bank was established using 24 phenotypic traits and DNP markers from 155 pepper resources across various regions. Selection of the optimal core germplasm was based on intra-group retention ratio, overall retention scale, and intra-group stepwise clustering retention. Evaluation of phenotypic trait data for the core germplasm utilized mean, variance, range, and coefficient of variation, with principal component analysis confirming the selection. For molecular evaluation, the core germplasm pre-selection plan was based on SSR clustering, allele retention ratio, and Shannon-Weaver diversity index. This approach resulted in a core germplasm of 41 resources, including 6 var. fasciculatum, 7 var. grossum, 3 var. cerasiorme, 6 var. conoides, and 19 var. longum, representing the maximum phenotypic retention and genetic diversity of the 155 pepper resources. Additionally, a core germplasm of 32 resources was generated based on SSR markers, retaining all 54 polymorphic loci. By integrating phenotypic and molecular core collections, a combined core collection of 57 varieties was developed. This collection achieved a 92.55% phenotype retention ratio and a 100% polymorphism site retention ratio. With a 90% compression ratio, it encapsulates the broad genetic diversity of the original germplasm, serving as a comprehensive resource for further research and breeding applications.