The invention relates to a Chinese medicinal compound preparation for treating fracture, which comprises the following Chinese medicine raw materials in part by weight: 8 to 12 parts of peach seed, 13 to 17 parts of safflower, 8 to 12 parts of Szechuan lovage rhizome, 8 to 12 parts of red paeony root, 8 to 12 parts of Chinese angelica, 8 to 12 parts of root of red-rooted salvia, 13 to 17 parts of fortune drynaria rhizome, 13 to 17 parts of Himalayan teasel root and 2 to 4 parts of notoginseng root (electuary). A preparation method comprises the following steps of: cleaning the nine medicinal materials, mixing in a ratio, adding water in an amount which is 4 to 7 times the total weight of the medicinal materials or 70 volume percent ethanol, decocting for two times, 80 minutes each time, mixing two-time decoction, filtering, and concentrating to obtain liquid extract of which the specific gravity is 1.18 at the temperature of 60 DEG C. The conventional preparation process is adopted. The preparation can be prepared into any one pharmaceutical formulation such as tablets, capsules, granules, oral liquid, pills and syrup. By the Chinese medicinal compound preparation prepared by the method, fracture healing time is obviously shortened, calluses grow more quickly, firmly and reliably, and the curative effect is far superior to that of the conventional Chinese medicine for treating the fracture.