According to the principle of electromagnetic wave absorption, functionally reforming thermal insulating materials for building, through designing and theoretically simulating of the λ/4 model, the article has successfully prepared EPS composite gypsum boards for electromagnetic wave absorption. The result shows that, a maximum absorption of-18.7dB at 3GHz and 85% of bandwidth below-10dB was achieved under following conditions: using 380Ω/□ resistive film, specimen thickness of 1.50cm. However, by using phase modulation membrane (PMM),it achieved a maximum absorption of-20dB and 100% of bandwidth below-10dB. This new composite materials can be used for electromagnetic interference protection for WLAN and indoor electromagnetic radiation pollution control.