The invention discloses a Chinese herbal medicine feed additive for beef cattle and a preparation method thereof. The Chinese herbal medicine feed additive is prepared from the following components in parts by weight: 10 to 20 parts of radix astragali seu hedysari, 5 to 15 parts of radix codonopsis, 1 to 3 parts of radix gynurae bodinieri, 1 to 2 parts of rhizoma imperatae, 10 to 20 parts of cortex magnoliae officinalis, 5 to 15 parts of radix dipsaci, 5 to 15 parts of herba eupatorii, 15 to 30 parts of radix notoginseng and 10 to 20 parts of bulbus lilii. A compound traditional Chinese medicine preparation for enhancing the growth performance and the immunological function of the beef cattle has the functions of resisting viruses, decreasing blood sugar, resisting bacteria, diminishing inflammation, regulating immune, resisting injury, resisting mutation and the like, and is capable of inhibiting cell apoptosis and increasing the survival rate of lymphocyte; meanwhile, the compound traditional Chinese medicine preparation has an inhibiting effect on staphylococcus aureus, corynebacterium diphtheria, bacillus subtilis, typhoid bacillus, paratyphoid bacteria, escherichia coli and the like; a good effect in aspect of enhancing the immunity and the growth ability of the beef cattle is shown.