A　cold-formed　steel　shear　wall　with　centre-corrugated　steel　sheathing　(CCSS-CFS　shear　wall)　was　innovatively　developed　to　meet　the　requirement　of　earthquake　resistance　for　multi-rise　CFS　structures　in　regions　at　high　seismic　risk.　This　wall　exhibits　superior　seismic　performance　in　comparison　with　the　conventional　CFS　shear　wall.　Five　full-size　specimens　were　tested　under　cyclic　loading　to　evaluate　their　failure　mode,　shear　strength,　lateral　stiffness,　ductility,　energy　dissipation,　as　well　as　degradation　of　bearing　capacity　and　stiffness.　Additionally,　the　effects　of　CFS　frame　structure　forms,　screw　spacing,　and　corrugated　steel　sheet　thicknesses　on　the　behaviour　and　failure　mechanism　of　shear　walls　were　analysed.　The　seismic　performance　objectives　corresponding　to　intact,　slight,　moderate,　and　severe　damage　were　also　determined.　The　results　revealed　that　the　main　failure　modes　of　shear　walls　were　plastic　buckling　of　corrugated　steel　sheathing　and　local　buckling　of　the　end　composite　stud.　Optimising　configurations　such　as　setting　up　stiffening　plates　on　the　end　composite　stud,　installing　transverse　braces,　and　increasing　screw　spacing　between　composite　studs　and　sheathing　significantly　improved　their　behaviour.　The　strength　of　corrugated　steel　sheathing　after　plastic　buckling　should　be　taken　into　consideration　for　the　lateral　design　of　the　CCSS-CFS　shear　wall.　A　calculation　method　was　also　proposed　in　order　to　determine　the　elastic　global　buckling　shear　strength　of　the　CCSS-CFS　shear　wall　-　which　exhibited　high　accuracy.　Finally,　nominal　shear　strength,　a　resistance　factor,　and　a　safety　factor　were　recommended.