With the development of wireless power transfer (WPT), the wireless charging has become a research hotspot. This paper proposes a novel single-switch hybrid compensation topology, which can change the compensation network to realize the constant-current (CC) and constant-voltage (CV) output. The zero voltage switching (ZVS) margin can be designed to increase the stability of the system. In addition, the magnetic coupler adopts a composite shielding structure composed of ferrite, nanocrystalline, and aluminium foil. The composite shielding structure has a better shielding effect on magnetic flux leakage, and its weight is lighter. The composite shielding structure is expected to be used in the wireless charging system of electric vehicles (EVs). Finally, an experimental prototype is built to verify the theoretical analysis, and the maximum efficiency can reach 91.4%.