The invention belongs to the field of cooking wine processing, discloses a novel cooking wine which is capable of improving fresh taste and possesses health care effects, and a preparation method of the cooking wine rich in edible mushrooms fresh taste improving capsule balls, so that wine product diversification is achieved. According to the preparation method, edible mushrooms are subjected to ultrasonic wave extraction filtering, an obtained filter residue and glutinous rice are subjected to steaming, an obtained edible mushroom extracted solution is added for early stage fermentation and later stage fermentation, so that full utilization of effective components of edible mushrooms is realized; the cooking wine is coated with a membrane so as to form capsule ball cooking wine, the dosage of each capsule is accurate, and the flavor is maintained for a long term.