In the declining cassette player market, we also want to make some efforts. So we have been working on the new cassette player project for two full years. Recently, we finally have clearer progress. Although there is still some way to go before the official release, we can’t help but share a little advance update with everyone. Initially, we planned to launch the CP15 directly. But as R&D continued to deepen, the all-new ultra-thin mechanism proved more challenging than expected—from structure and servo to overall system coordination. Making this completely new solution truly mature required solving not only design issues, but more importantly repeated prototyping, adjustments, and refinement. Therefore, at the beginning of 2026, we reorganized the product roadmap and added the more lightweight-positioned CP11, so that this brand-new portable cassette playback solution could meet everyone earlier. The CP11 will feature an all-new ultra-thin mechanism, higher-quality magnetic head, brushless motor, brand-new motor servo drive and circuit design, plus Bluetooth transmission functionality. Currently, the software and PCBA design of the CP11 are nearing completion, and the next step will be mechanism trial production. Our goal is to launch it by the end of 2026, but because some issues with the mechanism structure still need to be resolved, the final timing may be delayed. Only when the complete unit truly meets our standards will it officially go into mass production and go on sale. The higher-end CP15 has also been progressing simultaneously. At present, the software and PCBA design have been basically completed, and we are also waiting for the final maturity of the mechanism solution. If everything goes well, we hope it will be available to everyone within half a year. The road is long and the obstacles many, yet by walking we shall arrive; if we keep going without cease, the future holds promise. This path has been harder and longer than we imagined, but we have never given up, nor have we ever stopped moving forward. We believe those Walkmans that remain in our memories will, in a better form, gradually return to everyone. Thank you all for your quiet attention, patience, and support all along. #FIIO #CassettePlayer #Music #HiFi #Cassette