This invention provides a temperature and humidity independent control air conditioning system, comprising a high temperature cooling unit, a low temperature cooling unit, a humidity processing unit, and an indoor unit, wherein the coolant with a first temperature provided by the high temperature cooling unit flows into the indoor unit and then its temperature becomes a second temperature; the coolant with a third temperature provided by the low temperature cooling unit flows into the humidity processing unit; the coolant with the second temperature is divided to the low temperature cooling unit. With this invention, temperature and humidity independent control can be realized with high efficiency.