diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1b2466df..77e5c395 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [0.7.0.4](https://github.com/python-kasa/python-kasa/tree/0.7.0.4) (2024-07-011)
+
+[Full Changelog](https://github.com/python-kasa/python-kasa/compare/0.7.0.3...0.7.0.4)
+
+Critical bugfixes for issues with P100s and thermostats.
+
+**Fixed bugs:**
+
+- Use first known thermostat state as main state (pick #1054) [\#1057](https://github.com/python-kasa/python-kasa/pull/1057)
+- Defer module updates for less volatile modules (pick 1052) [\#1056](https://github.com/python-kasa/python-kasa/pull/1056)
+
 ## [0.7.0.3](https://github.com/python-kasa/python-kasa/tree/0.7.0.3) (2024-07-04)
 
 [Full Changelog](https://github.com/python-kasa/python-kasa/compare/0.7.0.2...0.7.0.3)
@@ -9,7 +20,7 @@ Partially fixes light preset module errors with L920 and L930.
 
 **Fixed bugs:**
 
-Handle module errors more robustly and add query params to light preset and transition [\#1043](https://github.com/python-kasa/python-kasa/pull/1043)
+- Handle module errors more robustly and add query params to light preset and transition [\#1043](https://github.com/python-kasa/python-kasa/pull/1043)
 
 ## [0.7.0.2](https://github.com/python-kasa/python-kasa/tree/0.7.0.2) (2024-07-01)
 
diff --git a/pyproject.toml b/pyproject.toml
index fb8df913..8b9f73eb 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "python-kasa"
-version = "0.7.0.3"
+version = "0.7.0.4"
 description = "Python API for TP-Link Kasa Smarthome devices"
 license = "GPL-3.0-or-later"
 authors = ["python-kasa developers"]