The invention discloses a waterproof/sealing paint with an aqueous resin as the main body. The aqueous resin is a formula resin which is prepared according to a patent of the applicant of the invention, the aqueous resin and an aqueous hardener are dispersed in an emulsion, and the obtained material which is coated on surfaces of buildings, timbers, rattan articles or metals becomes hard to form a hard and waterproof film after water is evaporated and the aqueous resin penetrates the surface of above objects. The extremely good durability and the extremely waterproof performance are reached, and the exudation of impurities in the objects is sealed, so the influence of the exudation of the impurities in the objects to a next step japanning of the objects is avoided. Compared with general waterproof paints and sealing coats, the waterproof/sealing paint of the invention simultaneously has the functions of waterproof paints and sealing paints, the waterproof/sealing paint which is an aqueous system can be diluted with water, and the waterproof/sealing paint which contains an extremely small amount of organic solvents contains no formaldehyde and no toluene, so the waterproof/sealing paint which has the advantages of environment protection and low usage cost avoids the cost of solvents for diluting the waterproof/sealing paint. The waterproof/sealing paint can be applied to various objects of interior walls and exterior walls of buildings, timbers, metals, rattan articles, paper, various handicrafts and the like.