The invention provides a new bacterial strain that can prevent and control plant pathogenic fungi and kill acarids—streptomyces S1-5 and its application in resisting plant pathogenic fungi and killing acarids. Streptomyces sp.S1-5 (Streptomyces sp.S1-5), preserved in China Center for Type Culture Collection, date of preservation: May 24, 2007, preservation number CCTCC No: M 207073. The pesticide prepared by the present invention can achieve the effect of killing fungicides and killing acarids by using it once, greatly reducing agricultural costs and lightening the burden on farmers; and the duration of effect is as long as 30 days, and it is also safe for humans and animals, does not kill natural enemies and is beneficial Insects are not easy to produce resistance to control objects, do not pollute the environment, can be rapidly degraded by soil microorganisms without affecting soil fertility and microbial flora, have no bioaccumulation, and are very safe for ecology. They are a key enzyme inhibitor. Pesticides, no cross-resistance with other insecticides.