The present invention relates to a compound containing an indene ring. The compound has the structure of general formula I-1 or I-2. The present invention also relates to a liquid crystal medium, which comprises the above-mentioned compound containing an indene ring as a component of the liquid crystal medium, and further comprises a compound represented by the general formula II and a compound represented by the general formula III. In the present invention, through the optimized combination and optimal ratio of various liquid crystal compounds, through the rational introduction of new functional groups into the structure of single crystal compounds, the compound shown in general formula I introduces an indene ring, which improves the compound's Stability, and effectively improve the clearing point. The invention achieves the effects of proper high-definition bright spots, proper birefringence anisotropy, high dielectric anisotropy, low rotational viscosity, and fast response speed, and is especially suitable for active matrix MVA with low box thickness and high display quality pictures , PVA liquid crystal display components and liquid crystal displays.