Disclosed are a method for preparing a series of carbazole derivatives and use thereof in organic light-emitting diodes. The structure of the material is as shown in Formula I. An organic electroluminescent device prepared by the material can have a significantly improved power efficiency and an external quantum efficiency for the device and an extended life for an orange light or red light device; moreover, the material has characteristics, for example, methods for the synthesis and purification of the material are simple and suitable for large-scale production, and is an ideal choice as a luminescent material for organic electroluminescent devices. The use of the organic electroluminescent diode material as a carrier transport material or as a luminescent material alone or as a host material in a light-emitting layer also falls within the scope of protection.