Paeony flowers to separate substances contained in the ETOH extract the polyphenol materials sympathetic to the HPLC, anti-aging and whiting used in the cosmetics extract and comparing the results follows. Extracted by a different way to keep the flowers found in the experiment, after 1 year when stored frozen material and did not show changes in appearance. Concentrated extract by HPLC, investigated the content of the type of polyphenol naringin, sinapic acid, methyl gallate, syringic acid were detected, including 11 kinds. Learn anti-aging effect in the experiment for the EtOH 80% extract showed excellent efficacy in the remaining conditions were low. The whitening effect Peony Flower extract higher than arbutin paeoniflorin was the main ingredient.