Armillaria luteo- virens is a kind of rare edible and medicinal fungus with a high exploitation and application values. This paper summarizes the progress of research on the chemical constituents,the mycelium culture conditions as well as the effective components extraction and pharmacological actions of the fungus. The prospect of the development of it is also analyzed and discussed.%黄绿蜜环菌是一种名贵的食药用真菌，有很高的开发和应用价值。综述了黄绿蜜环菌的化学成分、菌丝体的培养条件、有效成分的提取和药理作用等方面的研究现状，并对其开发前景进行了分析和讨论。
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