Compared with the traditional video streaming media system based on C/S mode, the video streaming media system based on P2P can efficiently solved the problems like single point of failure, high construction cost. Therefore, this study implemented a video streaming media system to provide the video streaming media service of high quality and large capacity. A mobile P2P video streaming media system architecture is firstly presented. Next, the design and implementation on the three modules, including server control program, client service program and client playing program, is introduced in detail. At last, the run results of each module as well are presented.