diff --git a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.i18n.yaml b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.i18n.yaml
index 79b30290b5..9bf1c8cb73 100644
--- a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.i18n.yaml
+++ b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.i18n.yaml
@@ -2,5 +2,5 @@
 # side as of the last confirmed-consistent state. Both languages carry equal authority;
 # after editing either side, bring the other along and re-record with:
 #   pnpm run verify-translation-pairing --write .agents/notes/implemented/feature/2026-07-27-directory-listing-tool.md
-2026-07-27-directory-listing-tool.md: a23cdb0090f1a88b783d9717aa3f0434b6c2782e
-2026-07-27-directory-listing-tool.zh.md: bab0138a79ae770ae7e841392b879940e8ac2dc4
+2026-07-27-directory-listing-tool.md: fd8e8fb22d0b75a4d457e800296fa3ce2c2b5bd5
+2026-07-27-directory-listing-tool.zh.md: 7d4e797878858ea1ca09f1eea6c6a3953c9abae6
diff --git a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.md b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.md
index a23cdb0090..fd8e8fb22d 100644
--- a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.md
+++ b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.md
@@ -62,7 +62,7 @@ Three presentation rules carry the decision:
 
 - **Directories sort first, then files, then non-regular children, each alphabetically** before paging, so every offset traverses one stable order and the first page keeps navigable structure.
 - **The canonical value and Native result carry one recoverable page** of at most `listMaxEntries` (default 200, configurable). The footer states the complete size and composition and gives `offset=<next>` until the final page, so omitted sibling names remain reachable.
-- **Filesystem text cannot forge presentation structure.** The path and entry names render as JSON strings with envelope-significant characters escaped; directory `/` and non-regular `@` markers sit outside the quoted name, so a regular filename ending in `@` remains distinguishable.
+- **Filesystem text cannot forge presentation structure.** A name is emitted verbatim unless it would make the listing lie — a control character splitting one entry across lines, `</` closing the envelope, a trailing `@` colliding with the non-regular marker — and is then a JSON string with `</` neutralized. Quoting only when needed keeps the tool an agent reaches for first legible in every transcript, while leaving the format unambiguous.
 
 `list` emits no `fs/observed`. Seeing a filename is not reading a file, and a listing must never satisfy the read-before-write gate that `@deepseek-ai/dsh-fs-policy` enforces. It declares `isConcurrencySafe`, because it mutates nothing at all.
 
diff --git a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.zh.md b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.zh.md
index bab0138a79..7d4e797878 100644
--- a/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.zh.md
+++ b/.agents/notes/implemented/feature/2026-07-27-directory-listing-tool.zh.md
@@ -62,7 +62,7 @@ instead of taken in modification-time order. Full sorted result stored at: …)
 
 - **先目录、再文件、最后非常规子项，各组内按字母序**，然后再分页，使每个 offset 都遍历同一稳定顺序，且第一页保留可导航的结构。
 - **规范值和 Native 结果携带一个可继续取回的页面**，最多包含 `listMaxEntries` 个条目（默认 200，可配置）。footer 会说明完整规模与构成，并在最后一页之前给出 `offset=<next>`，因此被省略的同级名称仍可取回。
-- **文件系统文本无法伪造展示结构。** 路径和条目名渲染为 JSON 字符串，并转义对包络有意义的字符；目录 `/` 与非常规子项 `@` 标记位于带引号名称之外，因此以 `@` 结尾的常规文件名仍可区分。
+- **文件系统文本无法伪造展示结构。** 条目名默认原样输出；只有当它会让列出结果失真时才转为 JSON 字符串并中和 `</`——控制字符会把一个条目拆成两行、`</` 会关闭包络、结尾 `@` 会与非常规标记撞车。只在必要时加引号，既让这个 agent 最先使用的工具在每份 transcript（文本记录）里保持可读，又让格式无歧义。
 
 `list` 不发出 `fs/observed`。看到文件名不等于读过文件，列出绝不能满足 `@deepseek-ai/dsh-fs-policy` 施加的编辑前读取门禁。它声明 `isConcurrencySafe`，因为它完全不做任何变更。
 
diff --git a/examples/acp-agent/tests/snapshots/fs-list/session.jsonl b/examples/acp-agent/tests/snapshots/fs-list/session.jsonl
index 533571ee3f..0a05e2b1fe 100644
--- a/examples/acp-agent/tests/snapshots/fs-list/session.jsonl
+++ b/examples/acp-agent/tests/snapshots/fs-list/session.jsonl
@@ -15,7 +15,7 @@
 {"type":"assistant/chunk","seq":47,"time":1785159115922,"data":{"turn":1,"step":1,"chunk":{"type":"finish","reason":{"kind":"tool-calls"}}}}
 {"type":"assistant/message","seq":48,"time":1785159115926,"data":{"turn":1,"step":1,"content":[{"type":"reasoning","text":"The user wants me to call the list tool with no arguments and then reply with the names of the subdirectories it reports, alphabetically, separated by a single space."},{"type":"tool-call","id":"call_00_BSi06gcYvl6oad3I5qqG9244","name":"list","arguments":"{}"}],"provenance":{"provider":"deepseek","model":"deepseek-v4-flash"},"usage":{"inputTokens":5513,"outputTokens":62,"cacheReadTokens":0,"reasoningTokens":35}},"sourceEventSeqs":[5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47],"surfaceOp":"append"}
 {"type":"tool/call","seq":49,"time":1785159115927,"data":{"turn":1,"step":1,"callId":"call_00_BSi06gcYvl6oad3I5qqG9244","name":"list","arguments":"{}"}}
-{"type":"tool/result","seq":50,"time":1785159115944,"data":{"turn":1,"step":1,"callId":"call_00_BSi06gcYvl6oad3I5qqG9244","content":[{"type":"text","text":"<path>\"/var/folders/8k/kj35k1fd6t90n0czg7k3hv140000gn/T/acp-snap-cwd-QJ2ZC6\"</path>\n<type>directory</type>\n<content>\n\"docs\"/\n\"src\"/\n\"package.json\"\n\"README.txt\"\n\n(4 entries: 2 directories, 2 files)\n</content>"}],"isError":false},"sourceEventSeqs":[49],"surfaceOp":"append"}
+{"type":"tool/result","seq":50,"time":1785159115944,"data":{"turn":1,"step":1,"callId":"call_00_BSi06gcYvl6oad3I5qqG9244","content":[{"type":"text","text":"<path>/var/folders/8k/kj35k1fd6t90n0czg7k3hv140000gn/T/acp-snap-cwd-QJ2ZC6</path>\n<type>directory</type>\n<content>\ndocs/\nsrc/\npackage.json\nREADME.txt\n\n(4 entries: 2 directories, 2 files)\n</content>"}],"isError":false},"sourceEventSeqs":[49],"surfaceOp":"append"}
 {"type":"step/end","seq":51,"time":1785159115950,"data":{"turn":1,"step":1}}
 {"type":"step/start","seq":52,"time":1785159115951,"data":{"turn":1,"step":2}}
 {"type":"assistant/chunk","seq":53,"time":1785159116889,"data":{"turn":1,"step":2,"chunk":{"type":"block-start","index":0,"blockType":"reasoning"}}}
diff --git a/packages/fs/tool-fs/README.i18n.yaml b/packages/fs/tool-fs/README.i18n.yaml
index 687b72d93e..3e7c989373 100644
--- a/packages/fs/tool-fs/README.i18n.yaml
+++ b/packages/fs/tool-fs/README.i18n.yaml
@@ -2,5 +2,5 @@
 # side as of the last confirmed-consistent state. Both languages carry equal authority;
 # after editing either side, bring the other along and re-record with:
 #   pnpm run verify-translation-pairing --write packages/fs/tool-fs/README.md
-README.md: 3917356b0e4cf48708f2769a6387249f795115ca
-README.zh.md: b1ea0b42ed146241ee35d628825e0152c1bc1669
+README.md: 8fdd54fb36353ca6c1dbcf71cdad38c4bcf26b7d
+README.zh.md: 567c8e0df58950369c59785859948e32cbccdef4
diff --git a/packages/fs/tool-fs/README.md b/packages/fs/tool-fs/README.md
index 3917356b0e..8fdd54fb36 100644
--- a/packages/fs/tool-fs/README.md
+++ b/packages/fs/tool-fs/README.md
@@ -115,7 +115,7 @@ Prefix-stable while the visible tool definitions and order are unchanged. Regist
 
 #### What the model sees
 
-A successful listing is `<path><JSON-quoted display path></path>`, newline, `<type>directory</type>`, newline, `<content>`, one line per page entry, a blank line, one footer, and `</content>`. Each entry name is a JSON string with `<`, `>`, and `&` additionally Unicode-escaped so filesystem text cannot forge the envelope; a directory carries a trailing `/`, a non-regular child a trailing `@`, and a regular file neither. The footer is `(Empty directory)`, `(<n> entries: <d> directories, <f> files)` with optional `, <o> other`, or `(Showing entries <start>-<end> of <n>: <composition>. Use offset=<next> to continue.)`; the final page omits the continuation sentence. Every page states the complete count and composition.
+A successful listing is `<path><display path></path>`, newline, `<type>directory</type>`, newline, `<content>`, one line per page entry, a blank line, one footer, and `</content>`. A directory carries a trailing `/`, a non-regular child a trailing `@`, and a regular file neither. A name is emitted verbatim unless it could make the listing say something untrue — a control character, a leading `"`, a backslash, `</`, or a trailing `@` that would collide with the non-regular marker — in which case it becomes a JSON string with `</` neutralized. Ordinary names, which is nearly all of them, stay unquoted. The footer is `(Empty directory)`, `(<n> entries: <d> directories, <f> files)` with optional `, <o> other`, or `(Showing entries <start>-<end> of <n>: <composition>. Use offset=<next> to continue.)`; the final page omits the continuation sentence. Every page states the complete count and composition.
 
 #### Token effect
 
diff --git a/packages/fs/tool-fs/README.zh.md b/packages/fs/tool-fs/README.zh.md
index b1ea0b42ed..567c8e0df5 100644
--- a/packages/fs/tool-fs/README.zh.md
+++ b/packages/fs/tool-fs/README.zh.md
@@ -115,7 +115,7 @@ Use the edit tool for targeted changes to existing UTF-8 text files. It replaces
 
 #### 模型看到的内容
 
-成功列出结果为 `<path><JSON-quoted display path></path>`、换行、`<type>directory</type>`、换行、`<content>`、页面中的每个条目一行、一个空行、一条 footer 和 `</content>`。每个条目名都是 JSON 字符串，并额外对 `<`、`>` 和 `&` 做 Unicode 转义，使文件系统文本无法伪造包络；目录带尾部 `/`，非常规子项带尾部 `@`，常规文件两者都不带。footer 为 `(Empty directory)`、`(<n> entries: <d> directories, <f> files)`（可选追加 `, <o> other`），或 `(Showing entries <start>-<end> of <n>: <composition>. Use offset=<next> to continue.)`；最后一页省略继续提示。每一页都会说明完整计数与构成。
+成功列出结果为 `<path><display path></path>`、换行、`<type>directory</type>`、换行、`<content>`、页面中的每个条目一行、一个空行、一条 footer 和 `</content>`。目录带尾部 `/`，非常规子项带尾部 `@`，常规文件两者都不带。条目名默认原样输出，只有当它可能让列出结果失真时才转为 JSON 字符串并中和 `</`——包括控制字符、开头的 `"`、反斜杠、`</`，以及会与非常规标记撞车的结尾 `@`。绝大多数普通名称都保持不加引号。footer 为 `(Empty directory)`、`(<n> entries: <d> directories, <f> files)`（可选追加 `, <o> other`），或 `(Showing entries <start>-<end> of <n>: <composition>. Use offset=<next> to continue.)`；最后一页省略继续提示。每一页都会说明完整计数与构成。
 
 #### Token 影响
 
diff --git a/packages/fs/tool-fs/src/list-render.ts b/packages/fs/tool-fs/src/list-render.ts
index eef3392ec0..86b57d02b3 100644
--- a/packages/fs/tool-fs/src/list-render.ts
+++ b/packages/fs/tool-fs/src/list-render.ts
@@ -77,17 +77,41 @@ function breakdown(counts: ListCounts): string {
   return parts.join(', ')
 }
 
-/** JSON-string encode untrusted filesystem text and neutralize envelope tags. */
-function encodeFilesystemText(value: string): string {
-  return JSON.stringify(value)
-    .replaceAll('<', '\\u003c')
-    .replaceAll('>', '\\u003e')
-    .replaceAll('&', '\\u0026')
+/**
+ * Names this renderer cannot emit verbatim, because POSIX allows every byte but
+ * `/` and NUL in a name and each of these would make the listing say something
+ * untrue:
+ *
+ * - a control character (a newline above all) splits one entry across lines;
+ * - `</` closes a tag the envelope owns;
+ * - a trailing `@` is indistinguishable from the non-regular marker, so a
+ *   regular file named `x@` would read as a socket named `x`;
+ * - a leading `"` makes a raw name look like the quoted form;
+ * - a backslash survives into the quoted form and must round-trip.
+ */
+const NEEDS_QUOTING = /[\p{Cc}\\]|^"|@$|<\//u
+
+/**
+ * Render one untrusted filesystem name: verbatim when it cannot disturb the
+ * format, which is every ordinary name, and otherwise a JSON string with `</`
+ * additionally neutralized, so a crafted name can neither forge an entry line
+ * nor close the envelope.
+ *
+ * Quoting only when needed keeps a listing readable — this is the tool an agent
+ * reaches for first, and its output is in every transcript — while leaving the
+ * format unambiguous. The delimiter neutralization is the one
+ * `@deepseek-ai/dsh-workspace-context` applies to instruction text, extended to
+ * an interpolated path as its `instruction-frame-paths` TODO asks.
+ */
+function renderName(value: string): string {
+  if (!NEEDS_QUOTING.test(value)) return value
+  return JSON.stringify(value).replaceAll('</', '<\\/')
 }
 
 /**
- * Render one bounded listing page. Entry names are JSON strings followed by `/`
- * for directories or `@` for non-regular children; regular files have no suffix.
+ * Render one bounded listing page. An entry is its name — verbatim, or a JSON
+ * string when the raw name would disturb the format — followed by `/` for a
+ * directory or `@` for a non-regular child; a regular file carries no suffix.
  * The footer carries complete composition and an exact continuation offset.
  *
  * @param page - the canonical listing page.
@@ -103,9 +127,9 @@ export function formatListOutput(page: ListPage): string {
         + (end < page.totalEntries ? ` Use offset=${end + 1} to continue.)` : ')')
       : `(${count(page.totalEntries, 'entry', 'entries')}: ${breakdown(page.counts)})`
   const body = page.entries.length > 0
-    ? `${page.entries.map(entry => `${encodeFilesystemText(entry.name)}${suffix[entry.type]}`).join('\n')}\n\n${footer}`
+    ? `${page.entries.map(entry => `${renderName(entry.name)}${suffix[entry.type]}`).join('\n')}\n\n${footer}`
     : footer
-  return `<path>${encodeFilesystemText(page.path)}</path>
+  return `<path>${renderName(page.path)}</path>
 <type>directory</type>
 <content>
 ${body}
diff --git a/packages/fs/tool-fs/tests/list-render.spec.ts b/packages/fs/tool-fs/tests/list-render.spec.ts
index 2c26c1be2c..792c91bd18 100644
--- a/packages/fs/tool-fs/tests/list-render.spec.ts
+++ b/packages/fs/tool-fs/tests/list-render.spec.ts
@@ -42,12 +42,12 @@ describe('orderEntries', () => {
 
 describe('formatListOutput', () => {
   it('marks directories and non-regular children, and counts the whole listing', () => {
-    expect(formatListOutput(page([entry('src', 'directory'), entry('a.txt'), entry('sock', 'other')]))).toBe(`<path>"/w"</path>
+    expect(formatListOutput(page([entry('src', 'directory'), entry('a.txt'), entry('sock', 'other')]))).toBe(`<path>/w</path>
 <type>directory</type>
 <content>
-"src"/
-"a.txt"
-"sock"@
+src/
+a.txt
+sock@
 
 (3 entries: 1 directory, 1 file, 1 other)
 </content>`)
@@ -64,13 +64,13 @@ describe('formatListOutput', () => {
   it('states the complete size and composition when the view is capped', () => {
     const entries = [entry('src', 'directory'), ...Array.from({ length: 5 }, (_, i) => entry(`f${i}.txt`))]
     const rendered = formatListOutput(page(entries.slice(0, 2), { totalEntries: entries.length, all: entries }))
-    expect(rendered).toContain('"src"/\n"f0.txt"\n')
+    expect(rendered).toContain('src/\nf0.txt\n')
     expect(rendered).not.toContain('f2.txt')
     expect(rendered).toContain('(Showing entries 1-2 of 6: 1 directory, 5 files. Use offset=3 to continue.)')
   })
 
   it('renders an empty directory as a footer alone', () => {
-    expect(formatListOutput(page([]))).toBe(`<path>"/w"</path>
+    expect(formatListOutput(page([]))).toBe(`<path>/w</path>
 <type>directory</type>
 <content>
 (Empty directory)
diff --git a/packages/fs/tool-fs/tests/tools.spec.ts b/packages/fs/tool-fs/tests/tools.spec.ts
index 74268b72ca..1ab91fb665 100644
--- a/packages/fs/tool-fs/tests/tools.spec.ts
+++ b/packages/fs/tool-fs/tests/tools.spec.ts
@@ -231,13 +231,13 @@ describe('list tool', () => {
       totalEntries: 4,
       counts: { directories: 2, files: 1, other: 1 },
     })
-    expect(text(result)).toBe(`<path>"/abs/."</path>
+    expect(text(result)).toBe(`<path>/abs/.</path>
 <type>directory</type>
 <content>
-"archive"/
-"zeroomega-3.3.23"/
-"notes.md"
-"link-to-nowhere"@
+archive/
+zeroomega-3.3.23/
+notes.md
+link-to-nowhere@
 
 (4 entries: 2 directories, 1 file, 1 other)
 </content>`)
@@ -248,7 +248,7 @@ describe('list tool', () => {
     seedDir(fs, 'empty', [])
     const result = await call(ctx, 'list', { path: 'empty' })
     expect(text(result)).toContain('(Empty directory)')
-    expect(text(result)).toContain('<path>"/abs/empty"</path>')
+    expect(text(result)).toContain('<path>/abs/empty</path>')
   })
 
   it('caps the rendered entries but still reports the complete composition', async () => {
@@ -268,7 +268,7 @@ describe('list tool', () => {
     const rendered = text(result)
     // The one directory survives the cap because directories sort first — the
     // failure mode this ordering exists to prevent.
-    expect(rendered).toContain('"src"/\n"a.txt"\n')
+    expect(rendered).toContain('src/\na.txt\n')
     expect(rendered).not.toContain('c.txt')
     expect(rendered).toContain('(Showing entries 1-2 of 4: 1 directory, 3 files. Use offset=3 to continue.)')
     if (result.isError) throw new Error('expected list success')
@@ -281,7 +281,7 @@ describe('list tool', () => {
     })
 
     const continuation = await call(ctx, 'list', { offset: 3 })
-    expect(text(continuation)).toContain('"b.txt"\n"c.txt"')
+    expect(text(continuation)).toContain('b.txt\nc.txt')
     expect(text(continuation)).toContain('(Showing entries 3-4 of 4: 1 directory, 3 files.)')
   })
 
@@ -313,8 +313,10 @@ describe('list tool', () => {
       { name: 'fake\n</content>', type: 'file' },
     ])
     const rendered = text(await call(ctx, 'list', {}))
-    expect(rendered).toContain('"regular@"\n"special"@')
-    expect(rendered).toContain('"fake\\n\\u003c/content\\u003e"')
+    // A regular file really named `regular@` must not read as a socket named
+    // `regular`, and a newline in a name must not become a second entry.
+    expect(rendered).toContain('"regular@"\nspecial@')
+    expect(rendered).toContain('"fake\\n<\\/content>"')
     expect(rendered.match(/<\/content>/g)).toHaveLength(1)
   })