The invention provides a Gongyankang dropping pill preparation with fast collapse, fast drug release and high bioavailability and a preparation method thereof, and the dropping pill can be prepared into ordinary dropping pill preparation, sustained-release dropping pill preparation, enteric-coated dropping pill preparation, coated dropping pill preparation, and the like. The Gongyankang dropping pill preparation is prepared by taking Chinese angelica, red paeony root, dahurian patrinia herb, nutgrass galingale rhizome (vinegar prepared), baked ginger, hiraute shiny bugleweed herb, Szechuan lovage rhizome, safflower, Chinese thorowax root, seaweed, plantain seed (stir-fried with salt) and yanhusuo as pharmaceutical raw materials, and the Gongyankang dropping pill preparation is prepared into the dropping pill to achieve the purposes of improving bioavailability, more fully playing the efficacies of the medicines, reducing adverse reactions, and the like. Therefore, the Gongyankang dropping pill which has high content of active ingredients, great roundness, rapid dissolution, small weight difference of the pills, hardness that is in line with the requirements of the dropping pill preparation and reliable quality.