According to the demand of exploiting the poor-thin oil layer in Daqing oilfield, Y422 retrievable fracture bridge plug is designed. Match usage of this bridge plug and other instruments can fracture multiple oil reservoirs with one-trip string, which is characterized by simple technology and safety operation. This bridge plug has realistic significance and practical value for improving oilfield economic benefits and provides an extensive application prospect. After setting process, the slips brace the bridge plug whose performance have a directly influence on the oil well productivity and production safety. In order to make sure that the bridge plug slips can meet the anchoring requirement, the actual working state of the slips system was analyzed by using finite element software, and the stress distribution rules were obtained. The results provide theoretical basis for optimizing slip structure and improving working reliability.