The invention relates to a 318 high-temperature wear-resistant coating and a preparation method thereof, in particular to a rapid repair material for repairing various abrasive bricks and wear-resistant casting damage positions in circulating fluidized bed boilers of fuel electric plants. At the same time, the invention provides a method for producing the high-temperature wear-resistant coating, and belongs to the technical field of refractory material. The rapid repair material consists of a material A and a material B according to the weight portion proportion of 70-85 to 30-15, wherein thematerial A is prepared by zircon corundum, fine corundum powder, cyanite, yttrium-stabilized zirconium, silicon micropowder, alumina micropowder, pure calcium aluminate cement, trimeric sodium phosphate, and fused calcium chromate; and the material B is prepared by phosphorous acid, ink grade aluminum hydroxide, zirconia ultrafine powder, yttrium-stabilized zirconium, and fused calcium chromate.