The invention relates to a high-precision and low-distortion digital-analog converter which comprises an analog adder / subtractor, first and second analog integrators, an analog adder, an analog-digital converter, first, second and fourth gain amplification stages, an analog gain stage and a feedback gain amplification stage. A signal output end OUTPUT is connected with an output end of the analog-digital converter, a second-order DEM (dynamic element matching) module is arranged between the analog-digital converter and the analog adder / subtractor, an input end of the second-order DEM module is connected with the output end of the analog-digital converter, and an output end of the second-order DEM module is connected with an input end of the analog adder / subtractor by a digital-analog converter. The high-precision and low-distortion digital-analog converter has the advantages that owing to a feedback factor adding mode, zero points are imported into noise transfer functions, accordingly, noise power in signal base bands can be reduced, the signal-to-noise ratio of the high-precision and low-distortion digital-analog converter can be increased, and the system precision of the high-precision and low-distortion digital-analog converter can be improved; second-order suppression can be carried out on mismatched noise by the aid of second-order sigma-delta DEM technologies, accordingly, the signal-to-noise distortion ratio of the integral sigma-delta analog-digital converter can be increased, and the spurious-free dynamic range of the integral sigma-delta analog-digital converter can be expanded.