Geothermal energy has attracted increasing attention worldwide due to its abundant reserves, stability, and sustainability. Based on the survey of geothermal resources in the Yanqing-Huailai Basin, this paper conducts comprehensive data study, demonstrates geothermal distribution and multiscale characteristics, and constructs the geothermal mechanism and conceptual model to promote regional geothermal energy development and utilization. Our study proposes to characterize geothermal reservoirs using geophysical data ranging from the representative geothermal field scale to the basin scale. Hydrochemical samples were also collected. According to the results of multiscale analysis and interpretation, combined with field geological and geothermal investigations, it is concluded that the Dahaituo pluton is composed of acid granite and monzonite granite, with low gravity and high magnetic anomaly. Its intrusion and development are responsible for the local geothermal anomaly. Multiscale analysis and source depth estimation of potential field data and MT profile interpretation were carried out. The regional thermal structure and reservoir characteristics were demonstrated from the deep to the shallow. In addition, according to the regional geological background and geophysical interpretation, a three-dimensional geological model is constructed to characterize the distribution law and genetic mechanism of geothermal anomalies. The study shows that strong Cenozoic tectonic movement and the intrusion and development of rock mass are the main factors causing local geothermal anomaly. The development of regional deep and major faults and extensional structures, as well as the channels and space formed by the breaking of rocks at the intersection of faults, provides advantageous conditions for the upwelling, migration, and convergence of geothermal fluids. The recharge of surface water in the intermountain basin and thermal convection drive the circulation of the geothermal system.