With the development of flexible printed circuit boards (FPCBs) and photoelectric devices, the demand for black polyimide (BPI) is increasing, but the existing BPIs have some problems, such as poor electrical properties, mechanical performance, masking ability and solubility. To solve these problems, a novel diamine monomer (TPCPOHPDA) containing tetraphenylcyclopentadienone (TPCP) grafted with hydroxyl groups and benzene rings was customized, and then TPCPOHPDA was polymerized with 4,4'-(hexafluoroisopropylidene) diphthalic anhydride (6FDA) to obtain polyimide (TPCPOHPPI). TPCP had a broad UV–visible light absorption range (250–600 nm). Appending benzene rings and auxochrome (hydroxyl groups) on the TPCP skeleton extended the conjugated π-electron system and enhanced the mobility of electrons in the large π bonds, respectively. These structural modifications further extended its light absorption range, and the resulting TPCPOHPPI was dark black with a cutoff wavelength (λcut) of 680 nm and Commission International Eclairage (CIE) lab color parameter L* of 0.7. Simulation calculations indicated that the visible-light absorption that caused the black appearance of TPCPOHPPI was mainly due to the electron transition from HOMO to LUMO occurring within the TPCP-containing diamine moieties, in which the charge mainly transferred from the aryl moieties in positions 2 and 5 to the central cyclopentadienone core. Further investigation showed that TPCPOHPPI had excellent thermal, electrical and mechanical performances and high solubility. The TPCPOHPPI-based two-layer black flexible copper clad laminate (2L-FCCL) possessed good dip soldering resistance and peeling strength. This work provides a new idea for the design and synthesis of soluble intrinsic black polyimide with excellent comprehensive performance.