The Fluent software was used to simulate the pulverization flow field of the “pulverizaing-disc grinding” two-stage mill. The influence and law of the blade distribution scheme on the circulating flow field were compared and analyzed. The parameters of the pulverizing blade were optimized by orthogonal design method. The rules of the blade deflection angle, the blade length and the blade pitch on the pulverization effect were analyzed, and the influence of the blade rotation speed on the pulverization effect was further discussed. The material pulverization was experimented to obtain the best performance parameters of the Mill. Taking the pulverization rotating speed, the pulverization time and the disc gap as the influencing factors, the three-factor and three-level regression experiments were carried out with the particle size qualification rate and power consumption as the objective function. The optimum parameter combination was optimized by using Design-Expert software. The results show that the pulverization effect is good when the blade has a spiral distribution, the blade deflection angle is 120 mm, the blade spacing is 30 mm. The effect of blade rotation speed on the maximum shear strain rate, dynamic pressure and turbulent flow energy of the material is linear. When the pulverizing rotation speed is 1 500 r/min, the pulverization time is 20 s, and the grinding disc gap is 0.045 mm, the particle size pass rate (more than 80 mesh is qualified) up to 90.4%, and the power consumption is 118.3 kJ.