The latest continuous flow micro reaction technology was adopted to independently develop carbonate rock dissolution test equipment. Carbonate rock dissolution tests were conducted under different temperatures, flow rates, and dynamic water pressure conditions to study the dissolution process of carbonate rocks under the coupling of heat-water-chemistry. The dissolution effect and development law of carbonate rocks were explored by quantitatively studying carbonate rock dissolution rate and chemical composition of karst water. The results showed that the self-designed dissolution test equipment has obvious advantages. After dissolution, carbonate rock specimens were damaged to varying degrees. The dissolution rate was proportional to water velocity and hydrodynamic pressure, with the velocity effect being greater than the hydrodynamic pressure effect. The pH value, conductivity, and Ca2+ ion content of the reaction solution gradually increased after dissolution. The development and application of the equipment have proved that, at low dynamic water pressures (2 MPa), the water flow velocity effect on the dissolution velocity was 1.5 times that when the dynamic water pressure was high (6 MPa); at a low water flow velocity of 15 mL/min, the dynamic water pressure effect on the dissolution velocity was three times that when the water flow velocity was high (75 mL/min). The development process is gradually becoming strong and stable. Its research has important theoretical significance and engineering application value to provide technical means and guarantee for the early identification, karst development, and safety evaluation of karst geological disasters.