diff --git a/src/renderer/components/Preview/Preview.tsx b/src/renderer/components/Preview/Preview.tsx
index d637406..70ebd20 100644
--- a/src/renderer/components/Preview/Preview.tsx
+++ b/src/renderer/components/Preview/Preview.tsx
@@ -19,7 +19,7 @@ export function Preview() {
     }
 
     const requestId = ++requestIdRef.current
-    renderMarkdown(activeTab.content).then(result => {
+    renderMarkdown(activeTab.content, activeTab.filePath).then(result => {
       // M-07: 只有当 requestId 仍为最新时才更新
       if (requestId === requestIdRef.current) {
         setHtml(result)
diff --git a/src/renderer/lib/markdown.ts b/src/renderer/lib/markdown.ts
index 9c584b5..f80ec09 100644
--- a/src/renderer/lib/markdown.ts
+++ b/src/renderer/lib/markdown.ts
@@ -1,4 +1,4 @@
-import { unified } from 'unified'
+import { unified, type Plugin } from 'unified'
 import remarkParse from 'remark-parse'
 import remarkGfm from 'remark-gfm'
 import remarkRehype from 'remark-rehype'
@@ -6,24 +6,58 @@ import rehypeRaw from 'rehype-raw'
 import rehypeSanitize, { defaultSchema } from 'rehype-sanitize'
 import rehypeStringify from 'rehype-stringify'
 import rehypeHighlight from 'rehype-highlight'
+import type { Element, Root } from 'hast'
 
-const processor = unified()
-  .use(remarkParse)
-  .use(remarkGfm)
-  .use(remarkRehype, { allowDangerousHtml: true })
-  .use(rehypeRaw)
-  .use(rehypeSanitize, {
-    ...defaultSchema,
-    attributes: {
-      ...defaultSchema.attributes,
-      img: [...(defaultSchema.attributes?.img ?? []), ['src']]
+// 自定义 rehype 插件：将相对路径图片转为 file:// 绝对路径
+function rehypeFixImages(filePath: string | null): Plugin<[], Root> {
+  return () => (tree: Root) => {
+    if (!filePath) return
+
+    // 获取文件所在目录
+    const dir = filePath.replace(/[/\\][^/\\]+$/, '')
+    const sep = dir.includes('\\') ? '\\' : '/'
+
+    function visit(node: Element | Root): void {
+      if (!node.children) return
+      for (const child of node.children) {
+        if (child.type === 'element' && child.tagName === 'img') {
+          const src = child.properties?.src as string | undefined
+          if (src && !src.startsWith('http://') && !src.startsWith('https://') && !src.startsWith('data:') && !src.startsWith('file://')) {
+            // 相对路径转绝对路径
+            child.properties = {
+              ...child.properties,
+              src: 'file://' + (dir + sep + src).replace(/\\/g, '/')
+            }
+          }
+        }
+        if (child.type === 'element') {
+          visit(child as Element)
+        }
+      }
     }
-  })
-  .use(rehypeHighlight)
-  .use(rehypeStringify)
 
-export async function renderMarkdown(content: string): Promise<string> {
+    visit(tree)
+  }
+}
+
+export async function renderMarkdown(content: string, filePath?: string | null): Promise<string> {
   try {
+    const processor = unified()
+      .use(remarkParse)
+      .use(remarkGfm)
+      .use(remarkRehype, { allowDangerousHtml: true })
+      .use(rehypeRaw)
+      .use(rehypeSanitize, {
+        ...defaultSchema,
+        attributes: {
+          ...defaultSchema.attributes,
+          img: [...(defaultSchema.attributes?.img ?? []), ['src']]
+        }
+      })
+      .use(rehypeFixImages(filePath ?? null))
+      .use(rehypeHighlight)
+      .use(rehypeStringify)
+
     const result = await processor.process(content)
     return String(result)
   } catch (e) {