diff --git a/admin-frontend-vue/src/pages/records/version-api.ts b/admin-frontend-vue/src/pages/records/version-api.ts
new file mode 100644
index 00000000..a992fe08
--- /dev/null
+++ b/admin-frontend-vue/src/pages/records/version-api.ts
@@ -0,0 +1,11 @@
+/** 软件版本列表加载适配（任务 127）：GET /api/admin/versions。 */
+import { http } from '@/api/http'
+import { parseSoftwareVersionList } from './version-model.ts'
+import type { SoftwareVersionList } from './version-dto.ts'
+
+export const SOFTWARE_VERSIONS_ENDPOINT = '/api/admin/versions'
+
+export async function fetchSoftwareVersions(): Promise<SoftwareVersionList> {
+  const { data } = await http.get<unknown>(SOFTWARE_VERSIONS_ENDPOINT)
+  return parseSoftwareVersionList(data)
+}
diff --git a/admin-frontend-vue/src/pages/records/version-model.ts b/admin-frontend-vue/src/pages/records/version-model.ts
new file mode 100644
index 00000000..a30a6894
--- /dev/null
+++ b/admin-frontend-vue/src/pages/records/version-model.ts
@@ -0,0 +1,35 @@
+/** 软件版本列表加载模型（任务 127）：解析 /api/admin/versions data.items(snake)；纯逻辑。 */
+import { unwrap } from '../../api/envelope.ts'
+import { type SoftwareVersionItem, type SoftwareVersionList } from './version-dto.ts'
+
+function text(value: unknown): string {
+  return typeof value === 'string' ? value.trim() : ''
+}
+
+function numberOrNull(value: unknown): number | null {
+  return typeof value === 'number' && Number.isFinite(value) ? Math.floor(value) : null
+}
+
+/** 解析单条软件版本行；缺 id 视为无效。 */
+export function toSoftwareVersionItem(raw: unknown): SoftwareVersionItem | null {
+  if (!raw || typeof raw !== 'object') return null
+  const r = raw as Record<string, unknown>
+  const id = numberOrNull(r.id)
+  if (id === null) return null
+  return {
+    id,
+    version: text(r.version),
+    fileUrl: text(r.file_url ?? r.fileUrl),
+    createdAt: text(r.created_at ?? r.createdAt),
+  }
+}
+
+/** 归一化版本列表负载为前端结果；缺省回空列表。 */
+export function parseSoftwareVersionList(payload: unknown): SoftwareVersionList {
+  const data = unwrap<unknown>(payload)
+  const record = data && typeof data === 'object' ? (data as Record<string, unknown>) : {}
+  const items = Array.isArray(record.items)
+    ? record.items.map((raw) => toSoftwareVersionItem(raw)).filter((item): item is SoftwareVersionItem => item !== null)
+    : []
+  return { items }
+}
diff --git a/admin-frontend-vue/tests/task-127.test.ts b/admin-frontend-vue/tests/task-127.test.ts
new file mode 100644
index 00000000..e60d08c6
--- /dev/null
+++ b/admin-frontend-vue/tests/task-127.test.ts
@@ -0,0 +1,58 @@
+import test from 'node:test'
+import assert from 'node:assert/strict'
+import { readSource } from './helpers.ts'
+import { parseSoftwareVersionList } from '../src/pages/records/version-model.ts'
+
+test('test_task_127_version_list_load_normal_primary_path', () => {
+  // 正常主路径：snake 版本列表负载解析。
+  const list = parseSoftwareVersionList({
+    success: true,
+    data: { items: [{ id: 1, version: '1.0.46', file_url: 'https://oss/a.zip', created_at: '2026-01-01 10:00' }] },
+  })
+  assert.equal(list.items.length, 1)
+  assert.equal(list.items[0].version, '1.0.46')
+  assert.equal(list.items[0].fileUrl, 'https://oss/a.zip')
+})
+
+test('test_task_127_version_list_load_normal_variant_input', () => {
+  // 正常变体：缺 file_url 行字段默认空。
+  const list = parseSoftwareVersionList({ data: { items: [{ id: 2, version: '1.0.0' }] } })
+  assert.equal(list.items[0].fileUrl, '')
+})
+
+test('test_task_127_version_list_load_repeated_is_idempotent', () => {
+  // 正常重复：解析稳定、不改输入。
+  const payload = { data: { items: [{ id: 1, version: '1' }] } }
+  assert.deepEqual(parseSoftwareVersionList(payload), parseSoftwareVersionList(payload))
+})
+
+test('test_task_127_version_list_load_boundary_empty_input', () => {
+  // 边界空值：空列表负载。
+  assert.deepEqual(parseSoftwareVersionList({ data: { items: [] } }).items, [])
+})
+
+test('test_task_127_version_list_load_boundary_single_item', () => {
+  // 边界单元素：单版本；缺 id 行过滤。
+  const list = parseSoftwareVersionList({ data: { items: [{ id: 9, version: 'v' }, { version: 'no-id' }] } })
+  assert.equal(list.items.length, 1)
+})
+
+test('test_task_127_version_list_load_boundary_limit_or_missing_field', () => {
+  // 边界上限/缺字段：非对象版本行过滤。
+  const list = parseSoftwareVersionList({ data: { items: ['bad'] } })
+  assert.deepEqual(list.items, [])
+})
+
+test('test_task_127_version_list_load_invalid_input_rejected', () => {
+  // 异常输入：success=false 抛后端 message。
+  assert.throws(() => parseSoftwareVersionList({ success: false, message: '无权访问版本管理' }), /无权访问/)
+})
+
+test('test_task_127_version_list_load_dependency_failure_returns_actionable_message', () => {
+  // 依赖失败/加载走 adapter：GET /api/admin/versions。
+  const api = readSource('src/pages/records/version-api.ts')
+  assert.match(api, /\/api\/admin\/versions/)
+  assert.match(api, /fetchSoftwareVersions/)
+  const model = readSource('src/pages/records/version-model.ts')
+  assert.equal(/axios|http\./.test(model), false, '版本解析保持纯逻辑')
+})