Single‐metal atomic sites and vacancies can accelerate the transfer of photogenerated electrons and enhance photocatalytic performance in photocatalysis. In this study, a series of nickel hydroxide nanoboards (Ni(OH)x NBs) with different loadings of single‐atomic Ru sites (w‐SA‐Ru/Ni(OH)x) were synthesized via a photoreduction strategy. In such catalysts, single‐atomic Ru sites are anchored to the vacancies surrounding the pits. Notably, the SA‐Ru/Ni(OH)x with 0.60 wt.% Ru loading (0.60‐SA‐Ru/Ni(OH)x) exhibits the highest catalytic performance (27.6 mmol g‐1h‐1) during the photocatalytic reduction of CO2 (CO2RR). Either superfluous (0.64 wt.%, 18.9 mmol g‐1h‐1; 3.35 wt.%, 9.4 mmol g‐1h‐1) or scarce (0.06 wt.%, 15.8 mmol g‐1h‐1; 0.29 wt.%, 21.95 mmol g‐1h‐1; 0.58 wt.%, 23.4 mmol g‐1h‐1) of Ru sites have negative effect on its catalytic properties. Density functional theory (DFT) calculations combined with experimental results revealed that CO2 can be adsorbed in the pits; single‐atomic Ru sites can help with the conversion of as‐adsorbed CO2 and lower the energy of *COOH formation accelerating the reaction; the excessive single‐atomic Ru sites occupy vacancies that retard the completion of CO2RR.