The invention discloses health yellow wine for lowering blood sugar and blood fat and a preparation method of the health yellow wine. The health yellow wine is prepared from the following raw materials in parts by weight: 40-60 parts of glutinous rice flour, 2-3 parts of edible salt, 10-15 parts of corn kernels, 10-15 parts of buckwheat grains, 6-9 parts of cucumber, 4-6 parts of dark tea, 4-6 parts of sargassum fusiforme, 4-6 parts of Lycium ruthenicum, 2-3 parts of radix puerariae, 4-6 parts of leaves of cyclocarya paliurus, 3-5 parts of basil seeds, 10-15 parts of acid soluble soy protein,a proper amount of alpha-amylase and complex enzyme and a proper amount of glucoamylase and yellow wine dry yeast. Various natural raw materials with functions of reducing blood sugar and reducing blood fat are selected and improvements are made on the basis of the traditional yellow wine production process, effective components of the raw materials can be fully retained, and nutritional and health value of the yellow wine is improved; the finished yellow wine is clear in body, soft in taste, unique in flavor, fragrant in bouquet, obvious in fragrance retention and high in stability.