The disclosure relates to a modified Y-type 
molecular sieve and a preparation method thereof. Based on the 
dry basis weight of the modified Y-type 
molecular sieve, the content of 
rare earth elements in the modified Y-type 
molecular sieve is 4-11% by weight in terms of oxides, and the content of P  2 o  5 The content of 
phosphorus is 0.05-10 wt%, the content of 
sodium oxide is 0.1-0.7 wt%, the content of active element 
oxide is 0.1-5 wt%, and the active element is 
gallium and / or 
boron; the modified Y-type molecular 
sieve  The total pore volume is 0.33-0.39mL / g, and the pore volume of secondary pores with a 
pore diameter of 2-100nm accounts for 15-30% of the total pore volume; the unit 
cell constant of the modified Y-type molecular 
sieve is 2.440-2.455nm,  The lattice collapse temperature is not lower than 1050°C; the non-skeletal aluminum content of the modified Y-type molecular 
sieve accounts for no more than 20% of the total aluminum content, and the ratio of the B 
acid content to the L 
acid content in the strong 
acid content of the modified Y-type molecular sieve  Not less than 3.5.  The molecular sieve has high 
crystallinity, thermal and hydrothermal stability, and has a secondary pore structure. When used for 
processing hydrogenated LCO, the LCO conversion efficiency is high, the 
coke selectivity is low, and the 
gasoline yield is higher and rich in aromatics.