The invention discloses a light-emitting
diode epitaxial
wafer, a preparation method thereof and a light-emitting
diode, and relates to the technical field of semiconductors. The light-emitting
diode epitaxial
wafer comprises a substrate, a buffer layer, an N-type
semiconductor layer, a low-
temperature stress release layer, a multi-
quantum well light-emitting layer, an
electron blocking layer and a P-type
semiconductor layer. The multi-
quantum well light-emitting layer comprises a first sub-layer, a second sub-layer, a third sub-layer and a fourth sub-layer which are stacked in sequence, and each of the first sub-layer, the second sub-layer, the third sub-layer and the fourth sub-layer comprises an InGaN
quantum well layer and a GaN quantum
barrier layer which are periodically and alternately stacked; an
electron injection layer is inserted into at least one of the GaN quantum
barrier layer of the first sub-layer, the GaN quantum
barrier layer of the second sub-layer and the GaN quantum barrier layer of the third sub-layer; and a
hole injection layer is inserted into the GaN quantum barrier layer of the fourth sub-layer. By implementing the invention, the
electron hole matching degree of the multi-
quantum well light-emitting layer can be improved, so that the luminous efficiency of the light-emitting diode is improved.