The invention discloses a shock absorption device for supporting a material bin. The shock absorption device comprises a circular upper cover and a circular lower cover, wherein one or more cylinders I with hollow interiors and stretching downwards are arranged around the upper cover, and in addition, a support column I with a hollow interior and stretching downwards is further arranged at the middle part of the upper cover; a conical barrel is arranged above the lower cover, and a support column II with a hollow interior is arranged above the middle part of the lower cover and arranged in the conical barrel simultaneously; an annular plate is installed above the conical barrel; the annular plate is connected with the upper cover through a compressible annular sleeve; one or more cylinders II matched with the cylinder I are also arranged above the annular plate; and a spring is arranged between each group of the corresponding cylinder I and cylinder II in a sleeving manner. The shock absorption device disclosed by the invention is simple in structure, arranged below the material bin to act a buffering effect on the material bin, and capable of greatly reducing an impact of materials on the material bin and even loading equipment, thus prolonging the service life of the loading equipment.