The invention discloses a precise conveying device for slender workpieces and a conveying method thereof, and belongs to the technical field of automatic feeding devices. The precise conveying devicecomprises a hopper, a feeding wheel and a receiving device, wherein the hopper is obliquely arranged downwards, the feeding wheel is arranged at the lower end port of the hopper, and the lower end port of the hopper is tightly attached to an outer arc surface of the feeding wheel; multiple clamping grooves are formed in the feeding wheel, and the receiving device is arranged below or on one side of the feeding wheel; the precise conveying device further comprises a fixing clamping device, wherein the fixing clamping device comprises clamping rings and a support, the clamping rings are buckledon the outer arc surface of the feeding wheel, and gaps are reserved between the clamping rings and the outer arc surface of the feeding wheel; and the fixing clamp device further comprises adjustingscrews, nuts and springs, and the gaps between the clamping rings and the outer arc surface of the feeding wheel can be adjusted through rotating the nuts. By means of the device and the method, the slender workpieces of cylinders or approximate cylinders can be accurately conveyed one by one or quantitatively, so that the production efficiency is improved, labor force is saved, and cost is reduced; and meanwhile, structure is simple and practical, cost of the device is low.