A total-reflection infrared reflection device and a preparation method thereof. The device includes two light-transmitting conductive substrates disposed oppositely, the two light-transmitting conductive substrates are packaged to form a seal cavity, in the seal cavity, opposite surfaces of the two light-transmitting conductive substrates are respectively coated with a first liquid crystal layer capable of reflecting left-handed polarized light and a second liquid crystal layer capable of reflecting right-handed polarized light, the first liquid crystal layer includes a polymer network and a cholesteric liquid crystal with a left-handed spiral structure, the second liquid crystal layer includes a polymer network and a cholesteric liquid crystal with a right-handed spiral structure, the cholesteric liquid crystal with the left-handed spiral structure can reflect left-handed polarized light, and the cholesteric liquid crystal with the right-handed spiral structure can reflect right-handed polarized light.