The invention provides ''a hot aerosol fire-extinguishing composition'' and relates to an oxidative magnesium salt hot aerosol fire-extinguishing composition represented by anhydrous magnesium nitrate. The composition is characterized in that the composition can be magnesium nitrate, magnesium carbonate, or other magnesium salt, and can also be a compound of magnesium nitrate, or other magnesium salt with potassium nitrate, strontium nitrate, or other potassium salt or strontium salt; a reducer can be one of or the combination of a plurality of ammonium carbamidine, dicyandiamide, red prussiate of potash, formamine, triazole, and tetrazole; a capability improver can be magnesium carbonate, manganous carbonate, aluminium powder, powdered carbon, magnesium hydrate, metal oxide, etc.; and the bond adopts phenolic resin, etc. The preparation of the magnesium salt comprises the continuous steps: medium temperature and low pressure dehydration, spray under the protection of nitrogen-oxygen flow or ultrafine grinding of grinded colloid, and microencapsulated hydrophobic treatment, etc. Compared with the prior art, the fire-extinguishing composition has the advantages of low price, extensive source, fire-extinguishing capability of K-type composition, and low causticity and toxicity of the ultimate product of combustion.