diff --git a/CHANGELOG.md b/CHANGELOG.md
index ca611a2f4ace..42d832548d01 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,31 @@
 
 # Changelog
 
+## [Version 1.48.0](https://github.com/lobehub/lobe-chat/compare/v1.47.23...v1.48.0)
+
+<sup>Released on **2025-01-24**</sup>
+
+#### ✨ Features
+
+- **misc**: Support display thinking for DeepSeek R1.
+
+<br/>
+
+<details>
+<summary><kbd>Improvements and Fixes</kbd></summary>
+
+#### What's improved
+
+- **misc**: Support display thinking for DeepSeek R1, closes [#5558](https://github.com/lobehub/lobe-chat/issues/5558) ([f98bb5a](https://github.com/lobehub/lobe-chat/commit/f98bb5a))
+
+</details>
+
+<div align="right">
+
+[![](https://img.shields.io/badge/-BACK_TO_TOP-151515?style=flat-square)](#readme-top)
+
+</div>
+
 ### [Version 1.47.23](https://github.com/lobehub/lobe-chat/compare/v1.47.22...v1.47.23)
 
 <sup>Released on **2025-01-24**</sup>
diff --git a/package.json b/package.json
index 3e4bad719457..84fa265d3808 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@lobehub/chat",
-  "version": "1.47.23",
+  "version": "1.48.0",
   "description": "Lobe Chat - an open-source, high-performance chatbot framework that supports speech synthesis, multimodal, and extensible Function Call plugin system. Supports one-click free deployment of your private ChatGPT/LLM web application.",
   "keywords": [
     "framework",