The present invention relates to a coal saving agent and a preparation process thereof, wherein the coal saving agent comprises, by weight, 6-12% of catalyst, 1-7% of a combustion-supporting agent, 25-35% of a penetrant, 25-35% of a leavening agent, 7-15% of a cleaning agent, 10-20% of a dispersing agent, and 7-12% of a sulfur-fixing agent. According to the present invention, the coal saving agent has effects of furnace combustion condition improving, coal seam gas permeability improving, complete coal combustion, coal-fired thermal efficiency improving, smoke dust emission reducing, heat conduction efficiency improving, sulfur fixing, smoke reducing, CO and SO2 emission reducing and environmental pollution reducing so as to achieve the purposes of combustion supporting, sulfur fixing, energy saving and desulfurization, wherein the coal can be saved by 5-10%, the fire power can be increased by more than or equal to 10%, the carbon deposition can be eliminated by 50-90%, and the sulfur can be reduced by 20-50%.