The invention discloses a mandarin fish feed achieving high formability and growth promotion. The feed is prepared from fish meal, corn flour, gluten flour, tapioca flour, pumpkin powder, pine needle powder, potato powder, alpha-starch, dextrin, trash fishes, duck intestines, animal leather powder, palm oil, lecithin, bentonite, natural montmorillonite, allicin, olaquindox, saccharicterpenin, marine red yeast, gum tragacanth, guar gum, sodium alginate, seaweed gel, agar, sodium polyacrylate, carboxymethylcellulose, ligninsulfonate, urea formaldehyde condensates, polyvinyl alcohol, compound preservative, vitamin E, rare earth, a compound enzyme preparation, L-type tyrosine, phenylalanine, glycine betaine and trimethylamine hydrochloride. The mandarin fish feed is high in formability and suitable for feeding of mandarin fishes, the feeding environment of the mandarin fishes can be effectively improved, pollution to a water body is avoided after the feed is dispersed, mandarin fish production can be effectively promoted, the yield of the mandarin fishes is increased, and the quality of the mandarin fishes is improved.