The design of novel low‐dimensional carbon materials is at the forefront of modern chemistry. Recently, on‐surface covalent synthesis has emerged as a powerful strategy to synthesize previously precluded compounds and polymers. Here, we report a scanning probe microscopy study, complemented by theoretical calculations, about the sequential skeletal rearrangement of sumanene‐based precursors into a coronene‐based organometallic network by stepwise intra‐ and inter‐molecular reactions on Au(111). Interestingly, upon higher annealing, the formed organometallic networks evolve into two‐dimensional coronene‐based covalently‐linked patches through intermolecular homocoupling reactions. A new reaction mechanism is proposed based on the role of C‐Au‐C motifs to promote two stepwise carbon‐carbon couplings to form cyclobutadiene bridges. Our results pave avenues for the conversion of molecular precursors on surfaces, affording the design of unexplored two‐dimensional organometallic and covalent materials.