The invention discloses a cold film laminating machine with a high-precision film cutting function. The cold film laminating machine comprises a rack, the conveying device is provided with a conveying surface; the film covering device is arranged on the rack, the film covering device is provided with a film covering gap, and the conveying face penetrates through the film covering gap; the cutting structure is located on the conveying downstream of the conveying face relative to the film covering device and comprises mounting vehicles, the mounting vehicles are arranged on the rack in a sliding mode, the two mounting vehicles are horizontally arranged in a spaced mode in the direction perpendicular to the conveying direction of the conveying face, the mounting vehicles can slide along the track perpendicular to the conveying direction of the conveying face, and film supporting blocks are synchronously arranged on the mounting vehicles; the two film supporting blocks surround the two sides of the conveying face, the top faces of the film supporting blocks are cutting faces, the cutting faces are higher than the conveying face, the film supporting blocks are provided with cutting knives, the cutting knives are located above the cutting faces, cutting edges of the cutting knives extend downwards towards the cutting faces, it is guaranteed that the part, exceeding the strip steel, of the film can directly stretch into the cutting faces, and the film supporting blocks bear the part of the film. And the cutting of the cutter is facilitated.