The analytical expressions of the various structural units and the average degree of branching for the hyperbranched polymers resulted from AB2 polycondensation with substitution effect were derived by the kinetic mechanism. The reactivity difference between the 13 group in linear unit and that in terminal group has great effect on the molecular parameters of the products obtained. The concentration of terminal units has a maximum with the increase of the conversion of A groups （x）. The higher the reactivity ratio （r） of linear B group to branched one is, the later the maximum appears and the larger it is. The degree of branching of the hyperbranched polymers obtained is controllable by adjusting the parameters of r and x, which increases with increasing both x and r.
