diff --git a/src/App.tsx b/src/App.tsx
index 73009d3..83d2ed9 100644
--- a/src/App.tsx
+++ b/src/App.tsx
@@ -22,6 +22,7 @@ import { CreatorsPage } from './ops/pages/CreatorsPage';
 import { FeaturedPage } from './ops/pages/FeaturedPage';
 import { ReportsPage } from './ops/pages/ReportsPage';
 import { ReviewPage } from './ops/pages/ReviewPage';
+import { PostsPage } from './ops/pages/PostsPage';
 import type { PortalUser } from './types';
 
 function LegacyAdminRedirect() {
@@ -129,6 +130,7 @@ function AdminApp({ user, onLogout }: { user: PortalUser; onLogout: () => void }
       )}
       <Route path="/ops" element={<OpsLayout user={user} onLogout={onLogout} />}>
         <Route index element={<ReviewPage />} />
+        <Route path="posts" element={<PostsPage />} />
         <Route path="reports" element={<ReportsPage />} />
         <Route path="featured" element={<FeaturedPage />} />
         <Route path="creators" element={<CreatorsPage />} />
diff --git a/src/ops/api/client.ts b/src/ops/api/client.ts
index 68082b0..09c702b 100644
--- a/src/ops/api/client.ts
+++ b/src/ops/api/client.ts
@@ -24,12 +24,24 @@ export type ReviewPost = {
   title: string;
   summary: string;
   cover_url: string;
+  status: string;
   author: { display_name: string; slug: string };
   category: { name: string; slug: string; icon: string };
   published_at: string;
   sla_warning: boolean;
 };
 
+export type PlazaCategory = {
+  id: string;
+  name: string;
+  slug: string;
+  icon: string;
+};
+
+export async function fetchPlazaCategories() {
+  return opsFetch<{ categories: PlazaCategory[] }>('/api/ops/v1/categories');
+}
+
 export async function fetchReviewQueue(query = 'status=pending_review') {
   const suffix = query.startsWith('?') ? query : query ? `?${query}` : '';
   return opsFetch<{ posts: ReviewPost[]; next_cursor: string | null; has_more: boolean }>(
diff --git a/src/ops/components/OpsLayout.tsx b/src/ops/components/OpsLayout.tsx
index f1e26f8..d0ed300 100644
--- a/src/ops/components/OpsLayout.tsx
+++ b/src/ops/components/OpsLayout.tsx
@@ -10,6 +10,7 @@ const opsSections = [
   {
     label: '内容管理',
     items: [
+      { to: '/ops/posts', label: '帖子管理' },
       { to: '/ops/reports', label: '举报处理' },
       { to: '/ops/featured', label: '精选管理' },
       { to: '/ops/creators', label: '创作者' },
diff --git a/src/ops/ops.css b/src/ops/ops.css
index c03a6c3..2839554 100644
--- a/src/ops/ops.css
+++ b/src/ops/ops.css
@@ -708,3 +708,61 @@ input[type='checkbox'] {
     align-items: stretch;
   }
 }
+
+.ops-filter-row {
+  display: flex;
+  flex-wrap: wrap;
+  gap: 10px;
+  align-items: flex-start;
+}
+
+.ops-filter-label {
+  flex: 0 0 auto;
+  padding-top: 8px;
+  font-size: 13px;
+  color: var(--ops-muted);
+}
+
+.ops-chip-row {
+  display: flex;
+  flex-wrap: wrap;
+  gap: 8px;
+  flex: 1;
+}
+
+.ops-chip {
+  border: 1px solid rgba(255, 255, 255, 0.08);
+  background: rgba(255, 255, 255, 0.03);
+  color: var(--ops-text);
+  border-radius: 999px;
+  padding: 6px 12px;
+  font-size: 13px;
+  cursor: pointer;
+}
+
+.ops-chip.active {
+  border-color: rgba(120, 170, 255, 0.45);
+  background: rgba(120, 170, 255, 0.14);
+}
+
+.ops-title-row {
+  display: flex;
+  flex-wrap: wrap;
+  align-items: center;
+  gap: 8px;
+}
+
+.ops-inline-action {
+  padding: 4px 10px;
+  font-size: 12px;
+}
+
+.ops-pagination {
+  display: flex;
+  flex-wrap: wrap;
+  gap: 12px;
+  align-items: center;
+  justify-content: flex-end;
+  padding: 16px;
+  border-top: 1px solid rgba(255, 255, 255, 0.06);
+}
diff --git a/src/ops/pages/PostsPage.tsx b/src/ops/pages/PostsPage.tsx
new file mode 100644
index 0000000..e3243a3
--- /dev/null
+++ b/src/ops/pages/PostsPage.tsx
@@ -0,0 +1,280 @@
+import { useCallback, useEffect, useState } from 'react';
+import {
+  fetchPlazaCategories,
+  fetchReviewQueue,
+  reviewPost,
+  type PlazaCategory,
+  type ReviewPost,
+} from '../api/client';
+import { plazaPreviewUrl } from '../lib/site';
+
+const PAGE_SIZE = 20;
+
+const STATUS_TABS = [
+  { key: 'published', label: '已发布' },
+  { key: 'hidden', label: '已下线' },
+] as const;
+
+type StatusTab = (typeof STATUS_TABS)[number]['key'];
+
+function formatPublishedAt(value: string) {
+  const date = new Date(value);
+  if (Number.isNaN(date.getTime())) return value;
+  return date.toLocaleString('zh-CN', { hour12: false });
+}
+
+export function PostsPage() {
+  const [tab, setTab] = useState<StatusTab>('published');
+  const [categories, setCategories] = useState<PlazaCategory[]>([]);
+  const [categorySlug, setCategorySlug] = useState<string | null>(null);
+  const [posts, setPosts] = useState<ReviewPost[]>([]);
+  const [keyword, setKeyword] = useState('');
+  const [error, setError] = useState<string | null>(null);
+  const [busyId, setBusyId] = useState<string | null>(null);
+  const [loading, setLoading] = useState(false);
+  const [pageIndex, setPageIndex] = useState(0);
+  const [pageCursors, setPageCursors] = useState<Array<string | null>>([null]);
+  const [hasMore, setHasMore] = useState(false);
+
+  useEffect(() => {
+    void fetchPlazaCategories()
+      .then((data) => setCategories(data.categories))
+      .catch(() => {
+        setCategories([]);
+      });
+  }, []);
+
+  const loadPage = useCallback(
+    async ({
+      status = tab,
+      cursor = pageCursors[pageIndex] ?? null,
+      category = categorySlug,
+      search = keyword,
+      nextPageIndex = pageIndex,
+    }: {
+      status?: StatusTab;
+      cursor?: string | null;
+      category?: string | null;
+      search?: string;
+      nextPageIndex?: number;
+    } = {}) => {
+      setLoading(true);
+      setError(null);
+      try {
+        const query = new URLSearchParams({
+          status,
+          limit: String(PAGE_SIZE),
+        });
+        if (cursor) query.set('cursor', cursor);
+        if (category) query.set('category', category);
+        if (search.trim()) query.set('keyword', search.trim());
+        const data = await fetchReviewQueue(query.toString());
+        setPosts(data.posts);
+        setHasMore(data.has_more);
+        setPageIndex(nextPageIndex);
+        if (data.has_more && data.next_cursor) {
+          setPageCursors((current) => {
+            const next = current.slice(0, nextPageIndex + 1);
+            next[nextPageIndex + 1] = data.next_cursor;
+            return next;
+          });
+        }
+      } catch (err) {
+        setError(err instanceof Error ? err.message : '加载失败');
+      } finally {
+        setLoading(false);
+      }
+    },
+    [tab, pageCursors, pageIndex, categorySlug, keyword],
+  );
+
+  useEffect(() => {
+    setPageIndex(0);
+    setPageCursors([null]);
+    void loadPage({ cursor: null, nextPageIndex: 0 });
+  }, [tab, categorySlug]);
+
+  const handleSearch = () => {
+    setPageIndex(0);
+    setPageCursors([null]);
+    void loadPage({ cursor: null, nextPageIndex: 0, search: keyword });
+  };
+
+  const handlePrevPage = () => {
+    if (pageIndex <= 0 || loading) return;
+    const nextPageIndex = pageIndex - 1;
+    void loadPage({ cursor: pageCursors[nextPageIndex] ?? null, nextPageIndex });
+  };
+
+  const handleNextPage = () => {
+    if (!hasMore || loading) return;
+    const nextPageIndex = pageIndex + 1;
+    void loadPage({ cursor: pageCursors[nextPageIndex] ?? null, nextPageIndex });
+  };
+
+  const handleToggleVisibility = async (id: string, action: 'hide' | 'approve') => {
+    const label = action === 'hide' ? '下线' : '上线';
+    if (!window.confirm(`确认${label}该帖子？`)) return;
+    setBusyId(id);
+    setError(null);
+    try {
+      await reviewPost(id, action);
+      await loadPage();
+    } catch (err) {
+      setError(err instanceof Error ? err.message : `${label}失败`);
+    } finally {
+      setBusyId(null);
+    }
+  };
+
+  return (
+    <div className="grid">
+      <div className="card stack">
+        <div className="ops-summary-row">
+          <div className="toolbar">
+            {STATUS_TABS.map((item) => (
+              <button
+                key={item.key}
+                type="button"
+                className={tab === item.key ? 'btn' : 'btn secondary'}
+                onClick={() => setTab(item.key)}
+              >
+                {item.label}
+              </button>
+            ))}
+          </div>
+          <p className="caption ops-cell-muted">每页 {PAGE_SIZE} 条，下线后用户端 Feed 与详情页同步不可见</p>
+        </div>
+
+        <div className="ops-filter-row">
+          <span className="ops-filter-label">分类</span>
+          <div className="ops-chip-row">
+            <button
+              type="button"
+              className={categorySlug === null ? 'ops-chip active' : 'ops-chip'}
+              onClick={() => setCategorySlug(null)}
+            >
+              全部
+            </button>
+            {categories.length === 0 ? (
+              <span className="caption ops-cell-muted">分类暂不可用，请重启 Admin API 后刷新</span>
+            ) : null}
+            {categories.map((category) => (
+              <button
+                key={category.id}
+                type="button"
+                className={categorySlug === category.slug ? 'ops-chip active' : 'ops-chip'}
+                onClick={() => setCategorySlug(category.slug)}
+              >
+                {category.icon ? `${category.icon} ` : ''}
+                {category.name}
+              </button>
+            ))}
+          </div>
+        </div>
+
+        <div className="ops-toolbar">
+          <input
+            type="search"
+            placeholder="搜索标题 / 作者"
+            value={keyword}
+            onChange={(event) => setKeyword(event.target.value)}
+            onKeyDown={(event) => {
+              if (event.key === 'Enter') handleSearch();
+            }}
+            className="search-input"
+          />
+          <button type="button" className="btn secondary" onClick={handleSearch}>
+            搜索
+          </button>
+        </div>
+      </div>
+
+      {error ? <p className="alert">{error}</p> : null}
+
+      {loading && posts.length === 0 ? <div className="card empty-state">加载中…</div> : null}
+      {!loading && posts.length === 0 ? (
+        <div className="card empty-state">暂无{tab === 'published' ? '已发布' : '已下线'}帖子</div>
+      ) : null}
+
+      {posts.length > 0 ? (
+        <div className="card ops-table-wrap">
+          <table className="ops-table">
+            <thead>
+              <tr>
+                <th>标题 / 操作</th>
+                <th>分类 / 作者</th>
+                <th>摘要</th>
+                <th>发布时间</th>
+                <th>查看</th>
+              </tr>
+            </thead>
+            <tbody>
+              {posts.map((post) => (
+                <tr key={post.id}>
+                  <td>
+                    <div className="ops-title-row">
+                      <strong>{post.title}</strong>
+                      {tab === 'published' ? (
+                        <button
+                          type="button"
+                          className="btn secondary ops-inline-action"
+                          disabled={busyId === post.id}
+                          onClick={() => void handleToggleVisibility(post.id, 'hide')}
+                        >
+                          {busyId === post.id ? '处理中…' : '下线'}
+                        </button>
+                      ) : (
+                        <button
+                          type="button"
+                          className="btn ops-inline-action"
+                          disabled={busyId === post.id}
+                          onClick={() => void handleToggleVisibility(post.id, 'approve')}
+                        >
+                          {busyId === post.id ? '处理中…' : '上线'}
+                        </button>
+                      )}
+                    </div>
+                  </td>
+                  <td>
+                    <div className="ops-stack-mini">
+                      <button
+                        type="button"
+                        className="link-button"
+                        onClick={() => setCategorySlug(post.category.slug)}
+                      >
+                        {post.category.icon} {post.category.name}
+                      </button>
+                      <div className="ops-cell-muted">@{post.author.slug}</div>
+                    </div>
+                  </td>
+                  <td>
+                    <div className="ops-cell-muted">{post.summary || '无摘要'}</div>
+                  </td>
+                  <td>{formatPublishedAt(post.published_at)}</td>
+                  <td>
+                    <a className="btn secondary" href={plazaPreviewUrl(post.id)} target="_blank" rel="noreferrer">
+                      预览
+                    </a>
+                  </td>
+                </tr>
+              ))}
+            </tbody>
+          </table>
+
+          <div className="ops-pagination">
+            <button type="button" className="btn secondary" disabled={pageIndex <= 0 || loading} onClick={handlePrevPage}>
+              上一页
+            </button>
+            <span className="ops-cell-muted">
+              第 {pageIndex + 1} 页 · 本页 {posts.length} 条
+            </span>
+            <button type="button" className="btn secondary" disabled={!hasMore || loading} onClick={handleNextPage}>
+              下一页
+            </button>
+          </div>
+        </div>
+      ) : null}
+    </div>
+  );
+}