A dimeric citrinin derivative with a unique spiro[chroman‐2,3′‐isochroman] skeleton, xerucitrinic acid C (1), and a new citrinin derivative, cladosporin E (6), along with ten known polyketides (2–5 and 7–12), were isolated from the mangrove sediment‐derived fungus Talaromyces sp. SCSIO 41428. Their structures were elucidated through comprehensive spectral data analysis. The absolute configurations of 1 and 6 were determined by quantum chemical calculations. Compound 1 exhibited significant inhibitory effects on Staphylococcus aureus and Streptococcus suis, with the MIC of 25 μg/mL for both bacterial strains. Xerucitrinin C (3) exhibited significant radical scavenging activity against DPPH, with an IC50 value of 25.4 μM, and also demonstrated inhibitory activity against phosphodiesterase‐4 (PDE4). Moreover, cladosporin C (7) notably inhibited prostate cancer cells PC‐3 and 22Rv1, with IC50 values of 6.10 and 9.25 μM, respectively.