The invention belongs to the hoisting mechanism used for a charging crane and an operation method thereof, particularly relating to a planetary transmission hoisting mechanism used for the charging crane and an operation method thereof. The method is characterized in that a planetary reduction gear contained a 2K-H-shaped planetary gearing of NGW is adopted, the combination of a motor, a brake and a winding drum group is connected on the planetary reduction gear to form the planetary transmission hoisting mechanism, wherein the planetary reduction gear consists of a case body, a Z16 gear, a first output shaft, a Z15 gear, a Z14 gear, a first input shaft, a Z13 gear, a Z11 gear, a Z12 gear, a second input shaft, a Z21 gear, a Z22 gear, a planetary gearing, a random shaft, a Z32 gear, a Z31 gear, a Z23 gear, a Z24 gear, a Z25 gear, a second output shaft and a Z26 gear. The mechanism has scientific design and compact structure, thus not only being applicable to different working conditions and operated flexibly, but also being capable of finishing the charging work under fault condition so as to guarantee that the production plan is finished; in addition, the mechanism has the advantages of safe and reliable operation, energy-saving, convenient usage and the like.