The critical electromagnetic wave pollution problem from the fastgrowing electronic devices drives the enormous requirement and rapid advancement of electromagnetic interference (EMI) shielding material and technology. Herein, inspired by the shielding effectiveness of warp-knitted stainless steel (SS) meshes composed of ultrafine metal wires, we endeavor to design the metal mesh-based thermoplastic polyurethane (TPU)/carbon nanotube (CNT) composites. The effects of different CNT filler concentrations and different TPU/CNT coating thicknesses on the electrical conductivity, EMI shielding, thermal management, and mechanical performance of metal mesh-based composites have been investigated explicitly. The heterogeneous composites combine the microwave-reflecting characteristic of the metal mesh and the microwave-absorbing features of the CNT nanofiller. An effective EMI shielding efficiency of 22.01 dB in the X-band frequency (8.2−12.4 GHz) is achieved, and the corresponding shielding efficiency enhancement exceeds 263% relative to pure metal mesh. The composite shows a stable EMI shielding efficiency after repeated 1000 bending−relaxing deformations. Moreover, the synergistic network shows a superb electrical conductivity of 1348 S/m and an excellent electrothermal conversion capability of 91.1 °C (3 V). The incorporation of CNTs helps form interconnected conductive and reinforcement networks within the TPU matrix upon the SS warp-knitted mesh substrate, which improves the mechanical performance, EMI shielding, electrical conductivity, and electrothermal conversion capability. Therefore, the proposed warp-knitted metal mesh-based TPU/CNT composites provide great potential in the next-generation large-scale and stretchable construction canopy applications.