The invention provides a secondary throttling double-condensation refrigerating system, an air conditioner and a control method. The refrigerating system comprises a compressor, an evaporator, a first-stage condenser, a second-stage condenser, a first throttling device and a second throttling device, wherein the first-stage condenser is connected with an outlet of the compressor; an outlet of thefirst-stage condenser is connected with an inlet of the second-stage condenser; the first throttling device is further arranged on a pipeline between the first-stage condenser and the second-stage condenser; an outlet of the second-stage condenser is connected with the second throttling device; and the other end of the second throttling device is connected with the evaporator. According to the secondary throttling double-condensation refrigerating system, compared with a primary throttling refrigerating circulation system, under the condition of the same evaporation pressure, superheat degree,supercooling degree and refrigerant circulation amount, the second-stage condenser is fully utilized for releasing latent heat and sensible heat of a refrigerant after primary throttling, and the heating capacity, refrigerating capacity, heating performance coefficient and refrigerating performance coefficient of the system are greatly increased.