The invention provides a high-
transmittance peep-proof film and a preparation method thereof.The peep-proof film comprises a substrate layer, a light-transmitting layer, a peep-proof layer and an antireflection film layer which are sequentially arranged from bottom to top, the light-transmitting layer comprises a light-transmitting base layer, a plurality of isosceles-trapezoid-shaped first protrusions are periodically distributed on the light-transmitting base layer at intervals, the peep-proof layer comprises a peep-proof base layer, and the antireflection film layer is arranged between the first protrusions and the peep-proof base layer. The peep-proof base layer is provided with a plurality of second protrusions in an
isosceles trapezoid shape at intervals periodically, each second protrusion is located between every two adjacent first protrusions, the distance between every two adjacent first protrusions is matched with the lower bottom faces of the second protrusions, and the side faces, connected with the second protrusions, of the first protrusions are further provided with reflecting
layers. By arranging the reflecting layer, scattering and absorption of light rays are effectively reduced, reflection of the light rays on the surface of the peep-proof film is reduced by arranging the antireflection film layer, the peep-proof film has high light
transmittance, side light rays can be effectively blocked by arranging the periodic second protrusions on the peep-proof layer, and secrecy of images is protected.