ZY-3 02 satellite loaded with Chinese first earth observing satellite laser altimeter,and has been launched successfully on 30th May,2016. In this paper,the theoretical accuracy of the laser altimeter is analyzed,and several experimental areas are used to verify the actual accuracy. At the same time,the application of the laser altimetry data in the field of space-borne photogrammetry is tested. The laser altimetry theoretical accuracy of ZY-3 02 satellite in the flat area (slope less than 2 degrees) is about 0.85 m and 14.2 m in the elevation and planimetry direction,respectively. The effective laser altimetry data account for about 23.89%,and near the calibration field the elevation accuracy is 0.89 m,and planimetry accuracy is about 14.76 m. Moreover,the verified elevation accuracy is 1.09 m in the North China by high precision DSM terrain data,and laser footprint points accuracy on the surface of the Bohai inland sea is about 0.47 m. When the laser foot print point is used as elevation control point,the elevation accuracy of the ZY-3 02 satellite stereo images in Shaanxi Weinan can be increased from 11.54 m to 1.90 m without GCPs. Although ZY3-02 satellite laser altimeter is just a test,the results proved that the domestic satellite laser altimetry data can effectively improve the stereo images without GCPs,which will be valuable in the global mapping project. It is suggest that operational laser altimeter equip on the next satellite of ZY-3 serials.