The lifting motor, drum device and reducer are arranged in series, round or square in shape, have vertical lifting and control functions, and the lifting speed is single or double speed. The two-speed type is based on the single-speed type and includes a low-speed drive consisting of a low-speed motor and a gearbox. The speed to fast speed ratio is 10:1. When the fast motor is running, the slow drive unit does not move, and the electric hoist rises and lowers quickly. When the low-speed motor is running, the conical rotor of the main lifting motor is driven by the low-speed driving device, and the electric hoist is slowly raised and lowered.