yes, you need to hand in that I-94 portion.
如果交了,AP入关时的I-94是一年,还能用什么证明H1-B的有效期(多二年)呢
API-94 (one year, AOS) does not affect your H1b eligibility. Your H1b expiration date (on your approval notice) and this new I-94 with AOS stamp that says your can stay as long as 485 pending, regardless of 1 year stamped on your the 94 form.