The invention discloses a high-speed compounding and online peeling 
polyurethane transfer 
adhesive which comprises a component A and a component B. The component A comprises, in weight percent, 30-70%of polymers A1, 1-10% of polymers A2, 20-60% of polyisocyanate, 0.5-2% of 
coupling agents and 0.1-1% of leveling agents, the polymers A1 is one of polyether 
polyol and 
polyester polyol or mixture ofthe polyether 
polyol and the 
polyester polyol, the functionality of the polyether polyol is 2, the polymers A2 is one of 
polyester polyol and polyether polyol or mixture of the polyester polyol and the polyether polyol, and the functionality of the polyester polyol is larger than or equal to 3. The component B comprises, in weight percent, 5-25% of amine chain extenders, 0.1-1% of amine catalystsand the 
balance water. The invention further provides a preparation method of the high-speed compounding and online peeling 
polyurethane transfer 
adhesive. The high-speed compounding and online peeling 
polyurethane transfer 
adhesive is used for production of transfer aluminized paper, high-speed compounding and online peeling can be achieved, improvement of production speed is facilitated, energyconsumption and production cost are reduced, and the adhesive has high bending resistance and good 
heat resistance and anti-sticking property and is safe and 
environmentally friendly.