The invention relates to a lafutidine compound and a novel preparation method of the lafutidine compound. The preparation method comprises the following steps: 1) dissolving a lafutidine crude product into an organic solvent, filtering and removing insoluble impurities, obtaining the first filtrate; 2) adding adsorptive inorganic substances to the first filtrate, sharply agitating, filtering and removing the adsorptive inorganic substances after standing, obtaining the second filtrate, and compressing and concentrating the second filtrate; (3) heating the second filtrate to 75 DEG C or less, keeping the temperature for a period of time, concentrating the second filtrate, slowly adding a mixing solvent, of which the volume ratio of alcohol to water is 0.2-1, under agitation, reducing the temperature to 2 DEG C at most in a gradient way, recrystallizing, separating, washing and drying the separated crystal to obtain the refined lafutidine; (4) returning any separated crystallized crystallizing mother solution to the step 3). The preparation method disclosed by the invention helps to solve the problems of low purity in rough preparation of lafutidine and lafutidine crude drug, has the characteristics of simplicity, easiness in control and industrial production, the quality of the preparation product is improved, and toxic and side effects are reduced.