The invention relates to a traditional Chinese medicine fragrance for relieving chronic heart failure. The traditional Chinese medicine fragrance is made from the following medicine materials: 15-30%of cypress powder, 1-3% of additional materials, and the balance fragrant medicine; and the fragrant medicine is made from the following medicine materials: astragalus membranaceus, salvia miltiorhiza, alisma orientalis, cinnamon twig, allium macrostemon, piper longum, albizia julibrissin, dragon teeth, Mother-of-Pearl, ginseng, radix pseudostellariae, white prepared lateral root of aconite, and lepidium seeds. The additional materials comprises rhizoma nardostachyos, honey and mother fungus package. The invention also relates to a preparation method of the traditional Chinese medicine fragrance. In the preparation method, superfine powder, volatile oil, and water extraction and alcohol extraction extract powder are prepared, a additional material liquid is prepared by mixing the volatileoil and the additional materials, the fragrant medicine powder mass is placed in a sealed tank for sealed fermentation, through spraying the additional material liquid multiple times, the permeabilityof the additional material liquid in the fermented fragrant powder mass is increased, and finally the traditional Chinese medicine fragrance that is capable of promoting pneumothorax, improving the microcirculation of patients with heart failure, relieving chronic heart failure, etc., is prepared.