In order to avoid the late plugging of underground diaphragm wall and save cost, the underground diaphragm wall technology of steel cage attached membrane is proposed. Based on the enclosure structure project of Hangzhou Government Reserves, the experimental research on the performance of impermeable membrane material and the technology of steel cage attached membrane is carried out. The excavation results show that there is no leakage at the wall surface and joints on the excavated side of the diaphragm wall in the test area. The results of the study show that the underground diaphragm wall technology of steel cage attached membrane is feasible and meets the requirements of seepage interception and joint water stop of underground diaphragm wall, which is an effective choice for the seepage-proofing construction of enclosure structure.