The invention discloses azoxystrobin-folpet compounded suspension agent and a preparation method thereof. The suspension agent comprises, by weight percent, 20-60% of azoxystrobin, 10-50% of folpet, 3-4% of wetting dispersing agent, 2-3% of dispersing agent, 3-4% of antifreezing agent, 0.2-0.3% of thickening agent, and the balance of water. The method includes firstly, weighing the azoxystrobin, the folpet, wetting dispersant, dispersant and the antifreezing agent by weight, adding water to obtain 95%, and mixing the above ingredients; secondly, grinding the mixed ingredients in a bead mill for 4-5 hours to obtain initial suspension agent; and thirdly, mixing the thickening agent and the water to obtain 5%, adding the mixture into the initial suspension agent, and using a mixer to mix at high speed for 2-4 hours to obtain the finished suspension agent. The suspension agent is made by compounding technology, antibacterial spectrum of the suspension agent is broadened, effect of the suspension agent is enhanced, toxicity of the suspension agent is lowered, and the suspension agent has the advantages of high active ingredient content, high suspending rate, high dispersiblity, high stability and the like.