The annular flow payload is among the first batch of space science experimental projects carried out on the Fluid Physics Rack of the China Space Station. This paper provides a detailed introduction to the development of the payload, ground validation, and in orbit experiments. The payload, sized 320 mm × 200 mm × 220 mm, includes an annular flow model and supports supply (24 V, 12 V, and 5 V), communication, and data transmission. A multi-functional heating column in the annular flow model was designed, allowing for the column to operate in fixed, rotating, and lifting scenarios. In the first round, 96 sets of space experiments covering volume ratio ranges from 0.45 to 1.06 were carried out. The annular flow liquid surface state, temperature oscillation, and infrared temperature field evolution were obtained. Mode decomposition shows the oscillatory convection of the m = 4 travelling wave, and contains m = 3, m = 6, and m = 8 waves.
