The invention relates to a high-intensity magnesite cement board and a preparation method thereof. The constituent raw materials are rice hull, an additive, magnesite powder, magnesium chloride modified water, phosphoric acid, a defoaming agent and glass fiber cloth. The preparation method comprises the following steps of: (1) starting a machine and stirring the rice hull and the additive for 5 minutes according to a weight ratio, adding the magnesium chloride modified water, adding the magnesite powder while stirring, after 10 minutes, adding the phosphoric acid and the defoaming agent, and after 5 minutes, forming mixed slurry; (2) adding a layer of the glass fiber cloth in the mould, injecting the mixed slurry on the glass fiber cloth, and vibrating a rolling plate; (3) placing the mould on a steel frame and feeding to a curing chamber; and (4) after leaving the frame and demolding, and opening a mortise and tenon joint of a mortise by utilizing a machine so as to obtain a finished product. The high-intensity magnesite cement board, provided by the invention, has the advantages of scientific composition and artful compatibility of raw materials, good compaction, high intensity and good water tolerance of the formed board, stable neutralization of oxygen ions, and safety use, after detection and identification of a national authority compartment, all indexes reach primary standard of nation, and the high-intensity magnesite cement board is suitable for high-speed rail construction, flyovers, stadiums, airport baffles of a waiting room, an inner wallboard, an outer wallboard and a floor substrate.