The invention provides a manufacturing process of a high-voltage fast recovery diode (FRED), which comprises the following steps of: (1) forming an N + cut-off ring region, and injecting phosphorus impurities; (2) forming an active region and injecting and annealing an N well of the active region, wherein the injected impurity of the N well is phosphorus impurity; (3) forming a P + voltage dividing ring, injecting boron impurities, and annealing; (4) forming a P well, injecting boron impurities, and annealing; (5) opening a lead hole, enriching P + on the surface of the hole, injecting boron into the P +, and annealing; (6) Pt heavy metal doping and annealing are carried out, and minority carrier lifetime is adjusted; (7) front metal is formed, aluminum-silicon-copper is adopted, and the thickness is about 4 microns; (8) forming a passivation layer; (9) thinning the back surface; (10) carrying out heavy doping injection on the back surface, wherein the injected impurities are phosphorus-based alloy; (11) performing proton injection and annealing on the back surface, wherein the thickness of the whole N-region buffer layer is 10-15 microns; and (12) processing metal on the back surface to obtain the high-voltage fast recovery diode FRED. According to the method, the FRED processing cost can be effectively reduced.