The invention discloses hot and spicy sauce. The hot and spicy sauce is prepared from the following raw materials: rapeseed oil, peanut oil, old ginger, rhizoma kaempferiae, garlic, capsicum frutescens, onions, green Chinese onions, scallion stalk powder, fermented soybeans, chili pepper powder, white sesame seeds, white pepper powder, fermented glutinous rice, crystal sugar, white granulated sugar, high-alcohol-content baijiu, salt, chicken essence, monosodium glutamate, old mature vinegar, light soy sauce, dark soy sauce, dried chili pepper powder, dried small wild sea fishes/dried small wild sea shrimps. The 26 raw materials are selected after a number of tests so that a unique formula and strict preparation processes are adopted, and thus, a final product of the hot and spicy sauce harmoniously integrates spicy, aromatic, numbing, salty, sweet and delicious flavor, and is red and glossy in color and luster, as well as fine, smooth and chewy in taste; and the hot and spicy sauce isgood in color, aroma and taste. Moreover, the dried small wild sea fishes/dried small wild sea shrimps are added so that the hot and spicy sauce is healthier and more nutritious. The raw materials ofthe hot and spicy sauce are free of any food additives and preservatives; however, the normal-temperature storage life of the hot and spicy sauce can be up to 6 months or above. The hot and spicy sauce is a green, healthy and safe food. The invention further discloses a preparation technology of the hot and spicy sauce.