The invention discloses a manufacturing method of a high-residual magnetism high-coercive force rare earth permanent magnetic material, which comprises the processing steps of master alloy preparation, crushing, molding, sintering to manufacture sintered magnets, aging treatment, machining and surface treatment, and is characterized in that after the processing step of sintering to manufacture the sintered magnets R1-T-B-M1, the sintered magnets are embedded into a mixed powder consisting of one or more components of HR2M2 and R3 oxide, R4 fluoride and R5 oxyfluoride, the magnets are separated from each other, and conducting absorption on the sintered magnets embedded in the mixed powder in vacuum or inactive gas at the temperature equal to or less than the sintering temperature of the magnets for 1-20 hours. In the method, the coercive force of the permanent magnetic material is significantly improved under the condition that residual magnetism basically does not change, the absorption efficiency is improved simultaneously, mass production can be achieved, and larger-sized high-residual magnetism high-coercive force rare earth permanent magnetic material of can be produced.