The present invention relates to the technical field of assisted reproduction and discloses an in-vitro culture solution of immature oocytes. The in-vitro culture solution comprises a basic culture solution and a composition. The basic culture solution comprises a solvent and a solute, the solvent comprises water, and the solute comprises vitamins, energy substances, inorganic salts and amino acids; and the composition comprises 0.01-1 mg / L of butyrolactone-I, 0.001-2 mg / L of estradiol, 0.001-1 IU / L of follicle-stimulating hormone, 0.001-1 IU / L of luteinizing hormone, 0.001-1 IU / L of epidermalgrowth factor, 0.001-1 mg / L of insulin-like growth factor and 0.001-1 IU / L of human chorionic gonadotropin. The present invention also discloses a preparation method and an application of the in-vitro culture solution. In addition to adding basic substances, by adding the energy substances, composition and vitamins, nucleus and cytoplasm of the immature oocytes are synchronously mature and besides, a fertilization rate and a high-quality embryo rate are improved.