The invention provides a warning board convenient to adjust for water conservancy and hydropower engineering construction, and relates to the technical field of hydropower engineering.The warning board comprises two sets of board bodies, the two sets of board bodies are hinged, and hinge shafts of the two sets of board bodies deviate backwards; the inner side of the bottom of the board body is of an opening structure. An LED lamp panel is fixedly arranged on the inner side of the front end of the board body, a brightness knob is arranged on the outer side of the board body, and the brightness knob is connected with the LED lamp panel in series; according to the sign body and the bottom support, a convenient and fast combined containing structure is provided, the ejector rod is pulled forwards, the elastic block is matched with the spring outside the spring rod to reset the double racks, then the transmission gear and the swing frames are driven to rotate, the two sets of swing frames are reset, the warning sign is deformed to be in the state of being convenient to store and carry, occupied space is greatly reduced, and the practicability is high. The problems that an existing warning board is not provided with a convenient and rapid combined containing structure, and rapid recycling is not convenient when the warning board is not used, so that occupied space is reduced are solved.