In order to solve the problem of feature information loss caused by the introduction of a large number of pooling layers in traditional convolutional neural networks, based on the feature of Capsule Network (CapsNet)——using vector neurons to save feature space information, a network model 3DSPNCapsNet (3D Small Pooling No dense Capsule Network) was proposed for recognizing 3D models. Using the new network structure, more representative features were extracted while the model complexity was reduced. And based on Dynamic Routing (DR) algorithm, Dynamic Routing-based algorithm with Length information (DRL) algorithm was proposed to optimize the iterative calculation process of capsule weights. Experimental results on ModelNet10 show that compared with 3DCapsNet (3D Capsule Network) and VoxNet, the proposed network achieves better recognition results, and has the average recognition accuracy on the original test set reached 95%. At the same time, the recognition ability of the network for the rotation 3D models was verified. After the rotation training set is appropriately extended, the average recognition rate of the proposed network for rotation models of different angles reaches 81%. The experimental results show that 3DSPNCapsNet has a good ability to recognize 3D models and their rotations.