This study fabricated (Al63Cu25Fe12)99Ce1 quasicrystal-enhanced aluminum matrix composites using the hot-pressing method to investigate their interfacial reaction traits. Microstructure analysis revealed that at 490 °C for 30 min of hot-pressing, the interface between the matrix and reinforcement was clear and intact. Chemical diffusion between the I-phase and aluminum matrix during sintering led to the formation of Al7Cu2Fe, AlFe, and AlCu phases, which, with their uniform and fine distribution, significantly enhanced the alloy’s overall properties. Regarding compactness, it first increased and then decreased with different holding times, reaching a maximum of about 98.89% at 490 °C for 30 min. Mechanical property analysis showed that compressive strength initially rose and then fell with increasing sintering temperature. After 30 min at 490 °C, the reinforcement particles and matrix were tightly combined and evenly distributed, with a maximum compressive strength of around 790 MPa. Additionally, the diffusion dynamics of the transition layer were simulated. The reaction rate of the reaction layer increased with hot-pressing temperature and decreased with holding time. Selecting a lower temperature and appropriate holding time can control the reaction layer thickness to obtain composites with excellent properties. This research innovatively contributes to the preparation and property study of such composites, providing a basis for their further application.