As we all know, contemporary electromagnetic theory is based on the macroscopic electromagnetic theory established by the 19th century. Because of the lack of microscopic cognition in that era, various electromagnetic phenomena could only be explained and described at the macro level, and their origins could not be explained at the micro level. And because of the microscopic understanding of atomic physics in the 20th century, new progress has been made. Considering that it is now the 21st century, this paper attempts to establish a new theory of microscopic interpretation of classical electromagnetic theory based on the new cognition of atomic physics in the 20th century. Starting from the general assumption, the current will be interpreted as the momentum flow produced by the directed collision between electrons; the charge will be interpreted as a form of expression of electron motion; the voltage is interpreted as the potential difference (energy level difference) of the electron orbit. In the end, this paper successfully developed a new microscopic electromagnetic theory by introducing microscopic atomic physics and rigid body mechanics models to Maxwell's macroscopic electromagnetic theory.