diff --git a/web/src/components/ui/aceternity/announcement-timeline-modal.tsx b/web/src/components/ui/aceternity/announcement-timeline-modal.tsx
index 8b1e01559..71fcdb08a 100644
--- a/web/src/components/ui/aceternity/announcement-timeline-modal.tsx
+++ b/web/src/components/ui/aceternity/announcement-timeline-modal.tsx
@@ -3,6 +3,7 @@ import { Modal } from "antd";
 import { Bell, BellOff, CircleAlert, Info, ShieldAlert, Wrench } from "lucide-react";
 
 import { aceternityMotion } from "@/lib/aceternity-motion";
+import { AnnouncementContent } from "@/components/ui/announcement-content";
 import type { AnnouncementLevel, SystemAnnouncement } from "@/services/api/announcements";
 
 type AnnouncementTimelineModalProps = {
@@ -108,7 +109,7 @@ function AnnouncementTimelineItem({ announcement, last, reducedMotion }: { annou
                     <h3 className="text-[15px] font-semibold leading-6 tracking-normal text-foreground sm:text-base">{announcement.title}</h3>
                     <span className="inline-flex items-center gap-1 text-[11px] font-medium text-foreground/45"><Icon className="size-3" />{meta.label}</span>
                 </div>
-                <p className="mt-1 whitespace-pre-wrap break-words text-sm leading-6 text-foreground/75 sm:text-[15px]">{announcement.content}</p>
+                <AnnouncementContent content={announcement.content} className="mt-1 text-sm leading-6 text-foreground/75 sm:text-[15px]" />
                 <time dateTime={announcement.publishedAt} className="mt-2 block text-xs tabular-nums text-foreground/40">{relativeTime(announcement.publishedAt)} · {formatDateTime(announcement.publishedAt)}</time>
             </div>
         </motion.article>
diff --git a/web/src/components/ui/announcement-content.tsx b/web/src/components/ui/announcement-content.tsx
new file mode 100644
index 000000000..3eebd4ffc
--- /dev/null
+++ b/web/src/components/ui/announcement-content.tsx
@@ -0,0 +1,82 @@
+import { Fragment, createElement, type ReactNode } from "react";
+
+import { cn } from "@/lib/utils";
+
+type AnnouncementContentProps = {
+    content: string;
+    className?: string;
+};
+
+const elementMap = {
+    a: "a",
+    b: "strong",
+    blockquote: "blockquote",
+    br: "br",
+    code: "code",
+    del: "del",
+    div: "div",
+    em: "em",
+    i: "em",
+    li: "li",
+    mark: "mark",
+    ol: "ol",
+    p: "p",
+    s: "s",
+    strong: "strong",
+    u: "u",
+    ul: "ul",
+} as const;
+
+const ignoredTags = new Set(["iframe", "object", "script", "style", "svg", "template"]);
+
+/**
+ * 公告由管理员输入但会在所有用户页面展示，因此只将受控标签转换成 React 节点，避免直接注入 HTML。
+ * 链接强制新窗口打开，并且只允许 http/https 协议。
+ */
+export function AnnouncementContent({ content, className }: AnnouncementContentProps) {
+    return <div className={cn("whitespace-pre-wrap break-words", className)}>{parseAnnouncementContent(content)}</div>;
+}
+
+function parseAnnouncementContent(content: string): ReactNode {
+    if (typeof DOMParser === "undefined") return content;
+
+    const document = new DOMParser().parseFromString(content, "text/html");
+    return Array.from(document.body.childNodes).map((node, index) => renderNode(node, `announcement-${index}`));
+}
+
+function renderNode(node: ChildNode, key: string): ReactNode {
+    if (node.nodeType === Node.TEXT_NODE) {
+        return <Fragment key={key}>{node.textContent}</Fragment>;
+    }
+    if (node.nodeType !== Node.ELEMENT_NODE) return null;
+
+    const element = node as HTMLElement;
+    const tag = element.tagName.toLowerCase();
+    if (ignoredTags.has(tag)) return null;
+
+    const children = Array.from(element.childNodes).map((child, index) => renderNode(child, `${key}-${index}`));
+    if (!(tag in elementMap)) return <Fragment key={key}>{children}</Fragment>;
+
+    if (tag === "a") {
+        const href = safeHref(element.getAttribute("href"));
+        if (!href) return <Fragment key={key}>{children}</Fragment>;
+        return (
+            <a key={key} href={href} target="_blank" rel="noopener noreferrer" className="text-blue-600 underline decoration-blue-600/40 underline-offset-2 transition hover:text-blue-700 dark:text-blue-400 dark:decoration-blue-400/50 dark:hover:text-blue-300">
+                {children}
+            </a>
+        );
+    }
+
+    const component = elementMap[tag as keyof typeof elementMap];
+    return createElement(component, { key }, children);
+}
+
+function safeHref(value: string | null) {
+    if (!value) return null;
+    try {
+        const url = new URL(value, window.location.href);
+        return url.protocol === "http:" || url.protocol === "https:" ? url.href : null;
+    } catch {
+        return null;
+    }
+}