The invention relates to a plant growth regulator composition containing maleic hydrazide and the purposes thereof. The composition contains maleic hydrazide (A) and a combination of known plant growth regulators, such as paclobutrazol, uniconazole, cycocel, mepiquat chloride, triapenthenol, daminozide, ethephon, taterpex and thidiazuron, wherein the weight ratio of the (A) to the (B) is 1: 300 to 500:1 and preferable 1:100 to 300:1, the (A) and the (B) can be proportioned with known aids and an excipient to prepare any agriculturally acceptable preparation; and the agriculturally acceptable preparation can be diluted with water or soil into a needed concentration of 1-8000 mg / kg, preferable 50-5000 mg / kg and used for regulating the growth of cultured plants, such as hedge plants, lawns, landscape plants, fruit trees, vegetables, economic crops, food oil crops and forage grass through the treatments of irrigation, flood irrigation, fertilization with water, jetting, spraying, scattering, smearing, injecting, transfusing, dressing seeds, spreading fertilizer, dispersing, and the like. The composition has the advantages of wide range of applications, low cost, good effect and synergy.