The invention relates to a preparation method of a heat conducing glue film with a high heat radiation performance, and belongs to the technical field of heat conducing glue film preparation. The preparation method comprises the following steps: at first, mixing ethylene-vinyl acetate copolymer and an antioxidant, heating the mixture, carrying out film casting, allowing the film to stand still for a while to cool the film; stretching the film, then allowing the film to stand still for a while to cool the film to obtain an ethylene-vinyl acetate microporous film, saving the ethylene-vinyl acetate microporous film for later use; then mixing acrylamide and 2-mercapto benzoic acid, heating, filtering, washing and drying the filter residues to obtain composite microgel, then mixing microgel with anhydrous ethanol, carrying out ultrasonic vibration and separation, mixing with deionized water, dropwise adding a silver nitrate solution, carrying out water bath heating, dropwise adding an ammonia liquor solution, allowing the mixed solution to stand still to carry out aging to obtain silver ion composite gel; finally soaking the ethylene-vinyl acetate microporous film in the silver ion composite gel, carrying out ultrasonic vibration, allowing the system to stand still, drying, performing hot pressing, finally allowing the system to stand still, and cooling. The prepared heat conducing glue film has a good heat radiation performance, the heat radiation performance is improved by 15 to 17%, and the heat conductivity can reach 2.55 to 2.65 W / M.K.