diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index b56a9c0c184ed..6657d7327f29a 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,4 +1,4 @@
 {
-  ".": "18.3.0",
+  ".": "18.3.1",
   "bootstrap-sha": "7f6f04e30e409ef2b5b107cdeadb490ebc621362"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9b938e5855a45..69969d6442389 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [18.3.1](https://github.com/Koenkk/zigbee-herdsman-converters/compare/v18.3.0...v18.3.1) (2024-01-02)
+
+
+### Bug Fixes
+
+* Fix `Cannot set properties of undefined (setting 'power')}` for TuYa TS011F_plug_1 https://github.com/Koenkk/zigbee2mqtt/issues/16709 ([30722e4](https://github.com/Koenkk/zigbee-herdsman-converters/commit/30722e41aca92d23154cc8f9610fe5fbc1d112cc))
+* Fix color temperature not supported for Ltech TY-75-24-G2Z2_CCT https://github.com/Koenkk/zigbee2mqtt/issues/17953 ([1c88a37](https://github.com/Koenkk/zigbee-herdsman-converters/commit/1c88a37fc06ff27be9205e1dda925c87c49c3d25))
+* Fix configure failing for eWeLink ZB-SW01 https://github.com/Koenkk/zigbee2mqtt/issues/20483 ([5d1d217](https://github.com/Koenkk/zigbee-herdsman-converters/commit/5d1d217ebaa21b00035bff1966280624302fbf63))
+* Fix Hue firework effect ([#6802](https://github.com/Koenkk/zigbee-herdsman-converters/issues/6802)) ([8282949](https://github.com/Koenkk/zigbee-herdsman-converters/commit/8282949d9113ea14d35eeebe7beba7f1663a22fd))
+* Fix light turning off when setting color through HSV https://github.com/Koenkk/zigbee2mqtt/issues/20276 ([67cd975](https://github.com/Koenkk/zigbee-herdsman-converters/commit/67cd97504ece586fd10e857378877c50b8b950a5))
+
 ## [18.3.0](https://github.com/Koenkk/zigbee-herdsman-converters/compare/v18.2.0...v18.3.0) (2024-01-01)
 
 
diff --git a/package-lock.json b/package-lock.json
index 40dbef4f55c3a..c977ee1c62d09 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "zigbee-herdsman-converters",
-  "version": "18.3.0",
+  "version": "18.3.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "zigbee-herdsman-converters",
-      "version": "18.3.0",
+      "version": "18.3.1",
       "license": "MIT",
       "dependencies": {
         "axios": "^1.6.3",
diff --git a/package.json b/package.json
index afb5d6170ddf6..10a5e7352d355 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "zigbee-herdsman-converters",
-  "version": "18.3.0",
+  "version": "18.3.1",
   "description": "Collection of device converters to be used with zigbee-herdsman",
   "main": "index.js",
   "types": "index.d.ts",