The invention discloses a preparation method of an OLED (Organic Light Emitting Diode) luminescent material for manufacturing novel display equipment. The OLED luminescent material comprises the following raw materials in parts by weight: 5-10 parts of cororene, 3-5 parts of anthraquinone, 5-8 parts of N-allyl-4-bromo-1,8-naphthalimide, 10-12 parts of p-chloropyrazolone, 5-8 parts of resveratrol,8-10 parts of 8-hydroxy porphyrin aluminum, 90-120 parts of triethylamine, 20-25 parts of diluted hydrochloric acid with the mass fraction of 5%, 150-180 parts of ethyl acetate, 10-15 parts of methylalcohol, 2-5 parts of potassium carbonate, 20-25 parts of dichloromethane, 160-200 parts of ultrapure water, 0.5-0.8 part of methyl 4-iodobenzoate, 0.2-0.5 part of bis(triphenylphosphine)palladium dichloride, 1-2 parts of triphenylphosphine, 8-10 parts of copper iodide, 10-15 parts of sodium hydroxide, 5-8 parts of absolute ethyl alcohol, 8-10 parts of diluted hydrochloric acid with the mass fraction of 3%, 5-10 parts of benzylamine, 5-8 parts of dicyclohexylcarbodiimide, 10-15 parts of 4-dimethylaminopyridine, 20-30 parts of tetrahydrofuran and 5-10 parts of a doping agent. The OLED luminescent material has the technical advantages that red, yellow, green and blue fluorescence spectrums and phosphorescence spectrums can be observed at the same time, and the quantum efficiency is remarkably improved.