The purpose of this study is to design a set of children’s educational products integrating the Yuexi Nianli Cultural by combining collaborative learning technology and embodied cognition theory, and to explore its role in promoting children’s contextual learning and cultural identity. By analyzing the core elements of Yuexi Nianli Cultural, the cultural symbols and behavioral patterns that are in line with children’s cognitive development are extracted, and the key design elements such as entertainment, knowledge, interactivity, and safety are determined. The study adopted a group experiment method and recruited 32 children to participate in the experiment to explore the effects of collaborative learning and embodied cognition on children’s cognitive development and cultural understanding. The results show that product design based on collaborative learning and embodied cognition can effectively improve children’s cooperation ability, knowledge transfer ability, creativity, and cultural identity, and provide a design paradigm and practice path for the integration of traditional culture inheritance and children’s education.