[Objective] The research aimed to establish a optimized combination of intercropping and fertilization application technology of intercropping sesame (Sesamum indicum) and peanut(Arachis hypogaea). [Method] Double factor randomized block design (2 fertilization methods and 5 ratios) was adopted, with 10 treatments, 3 repeats. There were a total of 30 plots, with plot area of 12.0 m2. Two fertilization methods included C1 [base fertilizer (540 g/plot compound fertilizer + topdressing (90 g urea)] and C2 [all as base fertilizer (540 g/plot compound fertilizer)]. Five different proportions (sesame: peanut) were M1(2∶4), M2(2∶6), M3(1∶4), monoculture sesame (CK1) and monoculture peanut (CK2), respectively. [Result] Output value and land equivalent ratio (LER) of C1M2 treatment (6 lines peanut/2 lines sesame, base fertilizer 540 g/plot (compound fertilizer) + (topdressing urea 90 g) were the highest of 22 378.68 yuan/hm2 and 1.56 respectively; sesame yield was 641.64 kg/hm2 and peanut yield was 2 506.67 kg/hm2. Output-input ratio was 4.94. The income was increased by 32.32% and 95.97% compared with only planting of peanuts and sesame. [Conclusion] The study provided a theoretical basis for finding the best intercropping combinations of sesame and peanut and rational application fertilizations.