‘Qidong No.1’ was a new cultivar of edible mushroom Panellus edulis oriented from a wild strain Y3 collected from Erdaobaihe forestry centre of Baihe Forestry Bureau by systematic breeding.110-120 days was required from inoculation to harvest.The mycelium was white and grown strongly.The sharp of the fruiting body liked a scallop，the color was dark yellow，and the edge was involute or flat.And ‘Qidong No.1’ had good commodity characters，high output，and with a strong ability to resist microbial contamination.The average yield was 83.8 kg every 100 kg fresh compost and increased 5.3% compared with the controls formula.It was benefit to promote the cultivation this cultivar in Jilin.