The utility model provides a conductive terminal plate and a dry-type hollow up-down adjustable filter reactor. According to the conductive terminal plate structure, the upper section coil and the lower section coil of the dry-type hollow up-down adjustable filter reactor can be connected with each other, and a plurality of conductive terminal plates are fixedly connected to the upper section coiland the lower section coil through fasteners respectively. The conductive terminal plate comprises a flat plate part and two vertical rib parts, and the two vertical rib parts are respectively connected to the flat plate part in a manner of being perpendicular to the flat plate part, so that the cross section of the conductive terminal plate is in an open rectangular shape. By utilizing the conductive terminal plate, the stability and the shock resistance of the dry-type hollow up-and-down adjustable filter reactor can be enhanced, the distance between the upper section coil and the lower section coil can be continuously adjusted, and the inductance value of the dry-type hollow up-and-down adjustable filter reactor can be continuously adjusted.