Cumulus cells secreting steroid hormones have important functions in oocyte development. Several members of the short‐chain dehydrogenase/reductase (SDR) family are critical to the biosynthesis of steroid hormones. NADPH‐dependent retinol dehydrogenase/reductase (
NRDR
), a member of the SDR superfamily, is overexpressed in pig breeds that also show high levels of androstenone. However, the potential functions and regulatory mechanisms of
NRDR
in pig ovaries have not been reported to date. The present study demonstrated that
NRDR
is highly expressed in pig ovaries and is specifically located in cumulus granulosa cells. Functional studies showed that
NRDR
inhibition increased estradiol synthesis. Both pregnant mare serum gonadotropin and human chorionic gonadotropin downregulated the expression of
NRDR
in pig cumulus granulosa cells. When the relationship between reproductive traits and single‐nucleotide polymorphisms (SNPs) of the
NRDR
gene was examined, we found that two SNPs affected reproductive traits. SNP rs701332503 was significantly associated with a decrease in the total number of piglets born during multiparity, and rs326982309 was significantly associated with an increase in the average birth weight during primiparity. Thus,
NRDR
has an important role in steroid hormone biosynthesis in cumulus granulosa cells, and
NRDR
SNPs are associated with changes in porcine reproduction traits.
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