The invention provides a novel glass deep processing method and equipment. The procedures such as coarse grinding, fine grinding, and polishing of cerium-oxide felt wheels are finished by glass double-edge processing equipment. The processing method comprises the steps of glass positioning and feeding-in, double-edge coarse-fine grinding, cleaning, drying, double-edge polishing, spraying, cleaning, drying, feeding and the like. The invention has the advantages that the difficulty that the polishing of the cerium-oxide felt wheels can not be used on the same double-edge grinding machine in the prior art is successfully solved, the polishing technology of the cerium-oxide felt wheels is applied on the same double-edge grinding machine, the reliability is achieved for the clamping and the positioning, the coincidence of the fine-grinding angle and the polishing angle is realized, the glass processing quality and the glass processing efficiency are improved, and the development of the double-edge grinding machine towards high accuracy and high brightness is realized.