The process of community assembly is important to explain species coexistence and the maintenance of species diversity. Succession provides a good opportunity to study the role of the deterministic and stochastic processes during the community species composition. We investigated species composition and environmental factors and calculated the change in species diversity, phylogenetic diversity, net relatedness index, and nearest taxon index along a successional chronosequence, with a series of 0.5 × 0.5 m² plots (n = 20) from five successional subalpine meadow plant communities (ages 1, 3, 5, 15, and 30) in the Qinghai-Tibetan Plateau. In the plots, we found a significant change in species composition and abiotic environmental factors. Our redundancy analysis showed that soil nitrate nitrogen and soil organic carbon were the key environmental factors that affect the community composition in succession gradient. The community showed an overdispersion phylogenetic structure along with the early and medium succession. The ends of the succession stage showed a random or convergent phylogenetic structure. The results showed that the construction process of plant communities in the early and middle stages of succession was mainly affected by habitat filtering. In the late stage of succession, the process of community construction is more complex, which could be affected by the limiting similarity and neutral driving process. Our findings are important to be used in managing ecological restoration and protection.