The invention discloses a multi-level power topology structure of a switch reluctance motor. A boost circuit part is additionally arranged between a traditional asymmetric power conversion circuit and a DC power supply and comprises a capacitor C1, a boost capacitor C2, a switching tube T1 and a diode D1, a switching tube T3, a diode D3 and a bidirectional switch, wherein the switching tube T1 and the diode D1are reversely connected in parallel, the switching tube T3 and the diode D3 are reversely connected in parallel, and the bidirectional switch comprises a switching tube T2 and diodes D21, D22, D23 and D24. By controlling the switch-on and the switch-off of the switching tubes in the power topology, the switch reluctance motor can run by switching among five states of rapid excitation (+2), rapid demagnetization (-2), normal excitation (+1), normal demagnetization (-1) and follow current (0). The rapid excitation and the rapid demagnetization of the switch reluctance motor are achieved, the problems of slow excitation current rise and reduction, low system efficiency, low dynamic performance and the like during motor running are solved, and the multi-level power topology structure has high robustness, high reliability and intelligence and has huge application prospect.