The invention relates to a photomagnetically coded electronic tag, which comprises an RFID
transmitter, an antenna, a central controller and a
power module, wherein the
power module is connected with the antenna through the central controller and the RFID
transmitter. The photomagnetically coded electronic tag also comprises a magnetic induction device and a photoinduction device, wherein the magnetic induction device and the photoinduction device are connected with the central controller respectively; the
power module comprises a rechargeable battery unit, a
backup battery and a battery conversion unit; the photoinduction device is connected with the rechargeable battery unit; and the rechargeable battery unit and the
backup battery are connected with the central controller through the battery conversion unit. The invention also relates to a real-time
equipment monitoring and engine frame
positioning system which comprises the electronic tag and a real-time
equipment monitoring and engine frame positioning method. Due to adoption of the photomagnetically coded electronic tag, the real-time
equipment monitoring and engine frame
positioning system and the real-time equipment monitoring and engine frame positioning method, the invention greatly prolongs the service life of the electronic tag, realizes maintenance free in deed, realizes perfect real-time monitoring and engine frame positioning functions, not only has low cost but also has stable and reliable operating performances, and has wide application scope.