diff --git a/.cz.toml b/.cz.toml
index c78091a..e332d37 100644
--- a/.cz.toml
+++ b/.cz.toml
@@ -1,5 +1,5 @@
 [tool.commitizen]
-version = "1.3.0"
+version = "1.3.1"
 update_changelog_on_bump = true
 version_scheme = "semver"
 tag_format = "v$version"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6abe4c2..998f387 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+## v1.3.1 (2024-06-26)
+
+### Bug Fixes
+
+- Fix ESP SPI port duplicate tracing
+- SPI interface/esp port alignment requirements fix
+- Upload to RAM examples monitor task priority fix
+
 ## v1.3.0 (2024-03-22)
 
 ### New Features
diff --git a/idf_component.yml b/idf_component.yml
index 0cb459f..275f77e 100644
--- a/idf_component.yml
+++ b/idf_component.yml
@@ -1,4 +1,4 @@
-version: "1.3.0"
+version: "1.3.1"
 description: esp-serial-flasher is a portable C library for flashing or loading apps to RAM of Espressif SoCs from other host microcontrollers
 url: https://github.com/espressif/esp-serial-flasher
 dependencies: