Abstract: Four formulated culture media for the commercialized cultivation of Flammulina velutipe with high biological efficiency and economic benefit were selected.They were compared and subjected to financial analysis.The results showed that,among the 4formulations,Formula No.1produced the fastest and strongest mycelial growth with desirable agronomic traits on the fruiting body,yield(379 g·bag-1)and biological efficiency(84.2percent),as well as the highest economic return on the mushroom cultivation.It was followed by Formula No.3.Consequently,either Formula No.1or 3could be promoted for the mushroom cultivation.