The invention discloses a lithium iron phosphate power battery and a preparation method thereof. Secondary particle lithium iron phosphate, which is agglomerated by primary nano particles and has the D50 value of 1-3 mu m, is taken as a positive active material; a negative electrode utilizes high-interlayer-spacing synthetic graphite with an amorphous carbon coating structure; a diaphragm utilizes a high-air-permeability diaphragm with PP, PE and PP as a base material, and the air permeability is not greater than 300 s/100 ml; an electrolyte liquid comprises the following ingredients: 25-35% ethylene carbonate (EC), 5-10% propylene carbonate (PC), 25-35% ethyl methyl carbonate (EMC) and 10-15% diethyl carbonate (DEC); lithium salt is a composite conductive salt of lithium hexafluorophosphate and lithium difluoroborate, and the concentration of the lithium salt is 10-15%; and the additive comprises butanedinitrile, ethylene sulfite and fluorinated hydrocarbon. Square aluminum shell lithium-ion battery positive and negative electrode plates are subjected to treatment of winding, core-winding, cover plate welding, shelling, baking, laser welding, secondary baking, injecting, forming, air exhausting, steel ball pressing, volume dividing and 45-75 DEG C high-temperature aging for 120-24 hours at a high temperature to form the film.