The invention provides a charging and discharging type DC-DC conversion circuit. When an energy storing device is charged, alternate switching-on control is performed on a first switching tube and a second switching tube, the energy storing device is charged by a synchronous ratification BUCK circuit which is composed of a first semi-conductor switching tube, the first switching tube, the second switching tube, a coupled
inductor L and a
capacitor C2, and meanwhile, a load is powered by a first winding, a second semi-conductor switch and a
capacitor C3 of the magnetically integrated coupled
inductor L; when the energy storing device is discharged, the
anode of the energy storing device outputs DC to supply power to the load through a high-step-up-ratio BOOST circuit which is composed of the coupled
inductor L, the second switching tube, the second semi-conductor switch and the
capacitor C3, active clamping is performed on the
voltage peak produced by the input end of the second switching tube through the first switching tube and the capacitor C1, and
electric energy in the capacitor C1 is fed back to the energy storing device for charging when the
voltage of the capacitor C1 reaches a preset
voltage value, so that the conversion efficiency, the
utilization rate and the
power density ration of DC are improved, and costs are reduced.