The invention relates to a formula, in which a thermoplastic material is produced from aramid fibers, long glass fibers and thermoplastic resin, and a manufacturing method of the thermoplastic, and belongs to the technical field of modified plastic and composite materials. On the basis of a long glass fiber reinforced thermoplastic granule process (LFT-G), by means of high strength, high toughness and high flexibility of the aramid fibers, the aramid fibers are uniformly dispersed and vertically and horizontally located in a three-dimensional rigid framework of the long glass fiber reinforced thermoplastic, thus improving the toughness and anti-impact strength of the composite material. By means of original LFT-G producing device, the method employs simple equipment and has short production route, is low in power consumption of the required equipment, has convenient operations and outstanding product performances. The product satisfies requirement of low-carbon environment protection and energy saving and emission reduction, and has good application prospect in the fields of automobiles, household appliances, aerospace, building materials, equipment manufacturing, etc.