The invention discloses a Chinese 
caterpillar fungus combination containing plants and fungal 
polysaccharide and a preparation method thereof; edible-
medicinal fungi and raw materials of Chinese herbal medicines are aqueously extracted by microwaves, and are concentrated for future use. The ultrasonic assistant enzymolysis, the 
filtration and the mixing are performed on filter residues of the edible-
medicinal fungi to form a 
liquid culture medium; after being sterilized, the 
liquid culture medium is inoculated in Chinese 
caterpillar fungus strains for fermenting and collected to obtain Chinese 
caterpillar fungus mycelium; filter residues of the Chinese herbal medicines are mixed to a 
solid culture medium; after being sterilized, the 
solid culture medium is inoculated in 
cordyceps militaris strains for fermenting and cultivating; the ultrasonic 
alcohol extraction, the 
microwave aqueous extraction and the concentration are performed on the obtained 
cordyceps militaris; the 
mycelium and all concentrated solutions are merged, homogenized and dried to prepare the Chinese 
caterpillar fungus combination. The combination contains a plurality of components of 
cordycepin, 
adenosine, plants and fungal 
polysaccharide, and has the advantages of balanced 
nutrition, nature, mellowness and convenience for eating. Meanwhile, the resource reuse is realized in the liquid and 
solid cultivation manners to improve the added value of products; the preparation method is a production technology having the advantages of 
environmental protection, convenience for preparation and significant economic and 
social benefits.