In order to control the quality of preparation, TLC was used to identify Monascus qual. and HPLC method was used to determine the content of lovastatin in Zhibitiuo Dropping Pills.Using C18 column, the mobile phase was made from the acetone methanol-0.1% H3PO4 (55:10:35), and the detection wavelength was at 238 nm.Monascus could be identified by TLC.For lovastatin, the linear range was 7.122-118.7 μg, the correlation coefficient was 0.9998, and the average recovery was 99.49% with RSD = 0.23%.The method is simple, reliable, and accurate and can be applied to the quality control of Zhibitiuo Dropping Pills.