Abstract The application of lithium–sulfur batteries (LSBs) is immensely impeded by notorious shuttle effect, sluggish redox kinetics, and irregular Li 2 S deposition, which result in large polarization and rapid capacity decay. To obtain the LSBs with high energy density and fast reaction kinetics, herein, a heterostructure composed by nitrogen‐deficient graphitic carbon nitride (ND‐ g ‐C 3 N 4 ) and MgNCN is fabricated via a magnesiothermic denitriding technology. Lithophilic C 3 N 4 with abundant nitrogen‐deficient acts as a conductive framework, together with the sulfiphilic MgNCN, lithium‐polysulfides (LiPSs) can be effectively captured followed by a regulated Li 2 S nucleation. Furthermore, the oxidation conversion kinetics can be accelerated as well. As expected, the LSBs with catalytic MgNCN/ND‐ g ‐C 3 N 4 as the interlayer exhibit remarkable electrochemical performance with a discharge capacity of 650 mAh g −1 at 4 C. Meanwhile, a low capacity decay of 0.008% per cycle can be reached at 1 C after 400 cycles. Even with a high areal sulfur loading of 5.1 mg cm −2 , outstanding capacity retention can be achieved at 0.5 C (64.18%) and 1 C (90.46%). The presented strategy unlocks a new way for the LSBs design with highly efficient catalyst.