This study focuses on two significant issues pertaining to conventional grout-molded semi-flexible pavement material (P-SFP): the difficult of achieving a high grouting rate and the limited scope for enhancing asphalt content, both of which contribute to the poor crack resistance of the SFP. To address these problems, the Mixed-Molding Method Semi-Flexible Pavement Material (M-SFP) is proposed, which utilizes a combination of mixed-molding method to enhance the crack resistance and fatigue life of SFP. In order to investigate the effects of asphalt film thickness and gradation type, four different gradations and five different asphalt contents of M-SFP were designed based on the volume filling theory. The effects of asphalt film thickness and gradation type on the cracking resistance and fatigue life of M-SFP were investigated through various tests, including low-temperature bending, semi-circular bending tensile, and four-point bending fatigue test. The results were then compared with those of the control P-SFP. The test results show that the strain energy density of M-SFP is increased by 24.9 % and the fracture energy is increased by 52.1 % compared with the conventional P-SFP; the number of fatigue life times under 200με, 225με, and 250με microstrain are increased by 53.6 %, 41.3 %, and 47.3 %, respectively. Based on crack resistance test results, it is recommended that the design asphalt film thickness of M-SFP exceed 10μm. Furthermore, measurements of the air void content reveal that the M-SFP exhibits significantly better compactness compared to the P-SFP. In conclusion, it shows that the Mixing-Molding method can be used to obtain semiflexible pavement materials with higher asphalt dosage, better cracking resistance, better degree of compactness, and longer fatigue life. In addition, the correlation analysis between the cracking resistance results and the rigid-flex ratio indicates that the recommended design rigid-flex ratio for SFP should be less than 2.06.