The new planetary hoist is a lightweight lifting equipment that has the characteristics of small size, light weight, compact structure, reliability, durability, and smooth operation. It can be hung separately on the track to lift objects, and can also be used in conjunction with various types of cranes such as electric single beam, electric suspension, cantilever crane, bridge crane, gantry crane, etc. It is suitable for various cranes and is applied in various lifting scenarios such as freight yards, warehouses, shops, factories, mines, etc.