The invention discloses a Zn-containing medium-strength high-ductility die-cast aluminum alloy and a preparation method thereof, and belongs to the field of metal materials. The invention provides a casting aluminum alloy material which is medium in strength, is high in ductility, is free of thermal treatment and is suitable for die-cast formation as well as a preparation method thereof. The medium-strength high-ductility die-cast aluminum alloy consists of the following chemical components in percentage by weight: 10.0-13.0% of Si, 4.1-7.1% of Zn, 0.5-0.8% of Fe, 0.1-0.4% of Mn, 0.02-0.04% ofSr, less than or equal to 0.01% of Mg, less than or equal to 0.01% of Cu, less than or equal to 0.15% of other impurity elements, and the balance of Al. The preparation method comprises the followingsteps: smelting, sampling to rest, regulating alloy components, adding intermediate alloy to refine, de-slagging and casting. Through thermodynamic calculation, content range of Si, Fe and Mn of ternary eutectic Al-Si-Al(FeMn)Si is determined to reduce adverse effects, on alloy plasticity, of Mn and Fe; and Sr is the most common and effective eutectic silicon modifier, so that eutectic silicon ispromoted to convert to fine fibers from thick faller gills, and therefore, alloy plasticity is further improved.