Modern analogues of Archean granitoids are particularly important, for they offer an opportunity to investigate processes of early crustal formation and tectonic transition. High Ba-Sr granitoids are usually considered as the Phanerozoic equivalents of Archean sanukitoids, however, their petrogenesis is still equivocal. Here, we collected a suite of high Ba-Sr granitoids from the Banshanping pluton in the Qinling orogen, central China, and carried out an elaborated study including mineral chemistry, whole rock elemental and Sr-Nd isotopic compositions, as well as zircon U-Pb, Lu-Hf and O isotopes, to constrain its petrogenesis. Our new secondary ion mass spectroscopy (SIMS) zircon U-Pb geochronology suggests the emplacement age of the Banshanping pluton at 435 +/- 2 Ma (MSWD = 0.37). The rocks have variable SiO2, elevated Mg# (50-53), Cr, and Ni concentrations, as well as strong enrichment of Ba and Sr (Ba + Sr = 1310-3040 ppm), but depletion of high field strength elements (HFSE). Some trace element ratios are positively (e.g., La/Yb, Sr/Y) or negatively (e.g., Dy/Yb) correlated with their SiO2 concentrations, indicating that amphibole fractionation might play a crucial role in their formation. They also exhibit restricted and relatively high initial Sr-87/Sr-86 (0.70437-0.70515) and chondritic to slightly positive epsilon(Nd)(t) values (0.29-1.32), but high zircon eHf(t) (8.0-9.9) and normal mantle zircon delta O-18 (5.45 +/- 0.13 %) values. Isotopic modeling constrains incorporation of about 4% oceanic crust-derived fluid and 0.3% sediment melt into their mantle source. Combined with regional geological evolution, the Banshanping pluton is inferred to originate from a two-stage process: its mantle source was metasomatized by the subducted protoTethyan oceanic slab during the early stage and partial melting of the metasomatites generated the high Ba-Sr granitoids induced by slab roll-back. The high Ba-Sr granitoids geochemical signatures overlap with Archean sanukitoids in many aspects, thus offering essential constraints on their formation. Compared with Archean sanukitoids, our results suggest that the sanukitoids derived from fluid-dominated metasomatic mantle might have the potential to evolve into TTG through amphibole-dominated fractional crystallization.