The　introduction　of　dynamic　covalent　bonds　into　shape　memory　polymers　(SMPs)　has　offered　the　possibility　of　reprocessing,　but　multifunctional　modifications　have　not　been　sufficiently　investigated.　This　work　reported　photoluminescence　thermadapt　two-way　SMPs　(2W-SMPs)　based　on　syndiotactic　1,2-polybutadiene　(SPB).　The　ZnS:Cu　particles　were　modified　to　form　beta-hydroxyester　dynamic　covalent　bonds　with　epoxidized　SPB　(ESPB),　and　a　dynamic　reversible　cross-linked　network　was　constructed　inside　the　shape　memory　polymer.　The　crystallization-melting　characteristics　of　ESPB　and　the　photoluminescence　ability　of　ZnS:Cu　endow　the　material　with　two-way　shape　memory　and　photoluminescence　properties,　respectively.　Owing　to　the　solid-state　plasticity　endowed　by　dynamic　covalent　bonds,　the　thermadapt　2W-SMPs　can　be　recycled　at　high　temperatures.　In　addition,　we　designed　a　＂gripper＂　structure　via　its　shape　memory　ability.　The　results　showed　that　under　variable　temperature　conditions,　this　material　can　successfully　grasp　objects.　Its　good　photoluminescence　effect　ensures　that　the　gripper　structure　can　be　accurately　positioned　in　a　dim　environment.