The present invention relates to a KGM aremisia argyi glutinous rice ball and a preparation method thereof, and belongs to the technical field of food. The preparation method comprises: inner stuffing preparation, glutinous rice ball outer layer surface skin preparation, and glutinous rice ball preparation, wherein the inner stuffing preparation method comprises preparing spare vegetable oil, preparing composite syrup, cooking, cooking and discharging out of pot, the glutinous rice ball outer layer surface skin preparation method comprises treating aremisia argyi, blending a slurry, steaming, cooking a syrup, mixing the slurry and the syrup, and blending, and the glutinous rice ball preparation method comprises stuffing shaping and packaging. According to the present invention, the product contains the aremisia argyi being subjected to the bitterness removing treatment, such that the taste is soft and smooth, and the health effects of qi and blood regulating, menstrual bleeding warming, meridian warming, cold-dampness dredging, cold pain stopping and the like are provided; and the KGM is used to replace most of the glutinous rice powder, such that the disadvantages of easy aging, easy hardening, low production efficiency, single raw material and the like of the traditionally glutinous rice cake are overcome; and the product quality is excellent, the long time storage and market circulation can be ensured, consumers can instantly eat the product after unpacking, and the product has sweet and delicate taste and is the health food suitable for all people.