The invention relates to the field of integrated optics, in particular to a lithium niobate thick film-based high-speed electro-optical modulator and a preparation method thereof; the modulator comprises a supporting substrate, a bonding layer, an optical waveguide and a modulation electrode, wherein the optical waveguide is located on the surface of the bonding layer, and a layer of lithium niobate thick film is arranged on the bonding layer; the thickness of the lithium niobate thick film is 8-20 microns; by virtue of about 10 microns of the ridge height of the thick-film lithium niobate, the modulation efficiency can be improved by 60% or above, and the substrate is only 8-20 microns in thickness due to the thinning technology, so that the resonance effect can be avoided, and the high-speed broadband can be further realized; and compared with a thin film type waveform lithium niobate modulator, the lithium niobate thick film-based high-speed electro-optical modulator has the advantages of being low in diffusion type optical waveguide transmission loss and low in coupling loss.