According to the theory of liquid metal forging and liquid metal extrusion, a new kind of fabricating method for particles reinforced metallic matrix composite was put forward by author. In this paper, the extrusion process to semisolid thick liquid after the mixture was studied by means of the theoretical analysis and experimental methods. Mechanical characteristics of solidification during flowing and plastic deformation during solidification of the. composite were found. So the base was built up for selecting technology parameters and for building a stabile process.