The novel electro-hydraulic composite intelligent completion system primarily involves downhole flow control technology and multi-parameter detection technology and so on. Based on the principles of mechanical structure design, the structural design of the core component of the electro-hydraulic composite intelligent completion flow control valve was conducted, namely the throttle valve sleeve. Finite element analysis was utilized to numerically simulate and study the mechanical performance and fluid flow characteristics of the throttle valve sleeve. The the flow field characteristics under various openings, water cut rates, displacements, and working conditions were analyzed by this method. The results indicate that the downhole temperature and pressure conditions have little effect on the flow control performance of the throttle valve sleeve. The performance is stable and meets the design requirements under high temperature and high pressure (125 ℃, 50 MPa). With different openings, the pressure difference gradually increases as the flow rate increases. At a constant flow rate, the pressure difference decreases with the increase of the opening. When the flow rate and opening are constant, the pressure difference gets greater when water cut becomes larger. When the flow rate and water content are constant, the greater the control series of the throttle valve sleeve, the smaller the pressure difference. The research results can provide theoretical guidance for the structural design of intelligent completion flow control valve.