AbstractTo improve the thermal conductivity and mechanical properties of graphene‐acrylonitrile butadiene‐styrene plastic (ABS) composite, sub‐phosphite‐based ionic liquid (IL) was synthesized, and its structure was characterized by FTIR, NMR, and mass spectrometry. IL was as a modifier, and graphite powder (G powder) was modified by the ball milling method to obtain functional graphene thermal conductive filler (G‐IL). The structure and morphology of G‐IL were characterized by FTIR, X‐ray photoelectron spectroscopy (XPS), XRD, scanning electron microscopy (SEM), and transmission electron microscopy (TEM). The results of the Molau test showed that the presence of IL improved the interfacial interaction of G‐IL and ABS, enhanced the dispersion of G‐IL in the ABS matrix, made G‐IL contact with each other, and it was easier to establish a thermal conduction network and promote phonon transfer. The thermal conductivity of 9 wt% G‐IL/ABS composite was 0.392 W·m−1·k−1, which was 96% and 14% higher than that of pure ABS and G/ABS composite, respectively. The tensile strength and bending modulus of 9 wt% G‐IL/ABS composite were 44.89 and 2124.37 MPa, which were 13% and 11% higher than those of pure ABS, respectively. The impact strength of 9 wt% G‐IL/ABS composite was 34.17 kJ/m2. It was 18% and 7% higher than that of pure ABS and 9 wt% G‐IL/ABS, respectively.Highlights Phosphorus imidazole ionic liquids were prepared. Graphene was modified by ionic liquids through non‐covalent. Enhanced mechanical properties and thermal conductivity of G‐IL/ABS composites.