Simultaneously　utilizing　photoinduced　electrons　and　holes　to　direct　splitting　of　thiols　into　value-added　disulfides　and　clean　hydrogen　(H2)　fuels　conforms　the　development　standards　of　green　chemistry.　Herein,　a　cobalt　phosphate　(Co-Pi)　and　reduced　graphene　oxide　(GR)　modified　CdS　photocatalyst　is　synthesized　and　utilized　for　photocatalytic　selective　conversion　of　4-methoxythiophenol　(4-MTP)　to　bis(4-methoxyphenyl)　disulfide　(4-MPD)　coupled　with　H2　evolution.　In　this　dual-cocatalyst　system,　Co-Pi　effectively　captures　and　releases　the　holes　from　CdS　through　the　chemical　state　change　of　Co　to　accelerate　the　surface　thiols　oxidation　reaction,　while　GR　is　used　as　an　electron　collector　and　an　active　site　for　the　proton　reduction　to　H2.　Consequently,　the　bifunctional　GR-CdS-(Co-Pi)　photocatalyst　demonstrates　significantly　higher　photoactivity　than　blank　CdS.　This　work　affords　a　new　paradigm　of　incorporating　dual-cocatalysts　with　semiconductor　photocatalysts　to　efficiently　take　advantage　of　the　photoinduced　electrons　and　holes　for　photoredox-catalyzed　cooperative　coupling　of　organic　transformation　and　H2　evolution.　©　2022　Elsevier　B.V.