The invention discloses a diode and a manufacturing method thereof, and belongs to the technical field of power semiconductor devices. The cellular structure of the device comprises a metal cathode, an N+ substrate, an N- epitaxial layer and a metal anode, wherein groove structures are arranged on two sides of the top layer of the N- epitaxial layer, each groove structure comprises a P+ semiconductor area and a P-type semiconductor Well area from the bottom up, each P-type semiconductor Well area contacts the metal anode thereon, dielectric layers are arranged on the upper surfaces of the partof the P-type semiconductor Well area and the part of the N- semiconductor epitaxial layer; heterogeneous semiconductors are arranged on the upper surfaces of the dielectric layers and the N-semiconductor epitaxial layer; the heterogeneous semiconductors, the dielectric layers, the P-type semiconductor Well area and the N- semiconductor epitaxial layer form a super barrier structure. According tothe diode and the manufacturing method thereof provided by the invention, the traditional PIN device forward opening voltage is significantly reduced without influencing the device performance, the reverse recovery property of the device is optimized, and the good property of compromise between the forward breakover voltage drop and turn-off losses is acquired. In addition, the device provided bythe invention also provides a plurality of working modes for selection, so as to be greatly conveniently used in actual applications.