The invention discloses an ultrathin white covering film and an LED substrate using the white covering film, the ultrathin wite covering film comprises a white ink layer and an adhesive layer, whereinthe white ink layer is located on the upper surface of the adhesive layer; the total thickness of both the white ink layer and the adhesive layer is 4 to 50 [mu]m, wherein the thickness of the whiteink lay is 1. 25 [mu]m, and the thickness of the adhesive layer is 3 to 25 [mu]m; The white ink layer comprises a composition of an organic pigment and a white filler, at least one of an inorganic pigment and an organic pigment, the inorganic pigment being a white pigment or a grey pigment, the organic pigment being a highly transparent polymer, and the white filler being at least one of silicon dioxide, titanium dioxide, alumina and alumina. The ultrathin white coating film has extremely low dielectric constant and loss, extremely high ion purity, high reflectivity, high temperature yellowingresistance, low penetration rate, low gloss, high flexibility, low rebound force, high surface hardness and good weather resistance, and is particularly suitable for use in LED lighting with high performance of a soft-hard combined plate.