The invention discloses a high-strength high-hardness high-chromium cast iron plate hammer and a preparation method thereof. The high-strength high-hardness high-chromium cast iron plate hammer comprises the following chemical components by mass percent: 23.4-29.8% of Cr, 4.2-5.6% of Ni, 1.2-1.8% of Mo, 1.8-2.6% of Si, 3.2-4.0% of C, 0.25-0.45% of Mn, 1.4-2.2% of Zr, 1.0-1.5% of Ti, 0.3-0.7% of Ta, 0.5-1.0% of Mg, 0.4-0.6% of Cu, 0.3-0.5% of Al, 0.05-0.1% of Nd, 0.03-0.06% of Er, 0.03% or less of S, 0.06% or less of P and the balance Fe. The cast iron plate hammer prepared through the preparation method is good in comprehensive property, high in mechanical strength, hardness and abrasion resistance, low in cost, durable in use, and wide in market prospect, and is safe and reliable; and the production technology is simple and is high in efficiency.