In this part, the history of the study on RFS pathogen U. virens was reviewed, including the pathogen naming and the change process, morphological characteristics of U. virens and culture characters both of asexual and sexual stages, and mycelium, chlamydospore, conidiophore and sclerotium germination. Genetic diversity, pathogenicity, the strain-host interaction, host range of U. virens and it’s early detection were also discussed. The research of Ustiloxins of RFS, including biological activity, toxicity to plants and animal, the potential possibility utilization of Ustiloxins, for example use as screening agent for rice varieties resistance to RFS, and anticancer drugs.