Considering　the　facts　of　fossil　fuel　depletion　and　environmental　issues,　the　conversion　of　biomass　into　high　valueadded　chemicals　is　of　great　importance.　In　this　work,　Ni　and　Co　were　encapsulated　in　lignin-derived　phenolic　resin　spheres　to　obtain　NiCo@LRS,　which　was　then　employed　as　a　sacrificial　template　for　the　synthesis　of　the　bimetallic　catalyst　NiCo@LC-RS.　The　Ni　and　Co　act　as　the　acid　and　dehydrogenation　sites　for　the　catalytic　transfer　hydrogenolysis　of　2-phenoxy-1-phenylethanol　(pp-ol)　and　corncob　lignin,　respectively,　and　exhibit　a　synergistic　enhancement　effect.　Under　the　optimal　conditions　of　170　degrees　C,　1　MPa　N2　and　4　h,　the　conversion　of　ppol　reached　99.9　%,　with　the　yields　of　cyclohexanol　and　ethylbenzene　at　99.9　%　and　93.8　%,　respectively.　The　lignin　was　completely　converted　and　the　selectivity　of　monophenols　was　55.74　%.　The　catalyst　remained　stable　and　reusable　after　5　cycles.　Furthermore,　lignin　oil　can　be　employed　in　the　preparation　of　Ni-Co　bimetallic　catalysts,　which　have　been　demonstrated　to　exhibit　excellent　catalytic　properties.　This　work　provides　practical　guidance　for　the　high-value　utilisation　of　lignin.