I purchased a KBEAR TC12 and have a few things to report.
I can't find much information on it, perhaps because it has only been on the market for a short time. (But then, it seems it was mentioned above before I posted this.)
After using it for a few days, I flashed it with JA11 firmware (2.1) following the information provided by its predecessors. It success without any problems.
When I set the volume to 3.0db in KTmicro's Windows application, surprisingly, I was able to obtain a volume and sound pressure that exceeded CX31993+MAX97720.
(In an environment where the TC12 is connected to the speakers, there is no sound crackling at all.)
It seems that the use of KTmicro tool and fiiocontrol.fiio.com (not at the same time) should be limited to one or the other.
This is because if you adjust the volume with KTmicro tool and then tweak the volume (or equalizer) with fiiocontrol.fiio.com, the volume status will become strange (and vice versa).
Once it becomes unstable, it can be restored by flashing the JA11 firmware again.
The other issue I noticed is that after flashing with JA11 firmware (2.1), when playing an audio file on a PC (Windows 11), the first 0.5 seconds of the file is skipped.
It occurs randomly when an audio file is played from a completely silent state. Once this happens, the symptom continues for a while.
Then, after a certain period of time, or at some other time, the symptom goes away. The conditions for occurrence and resolution are unknown.
(This was not remedied by reflashing the firmware.)
To be honest, I like the way the original (KT02H0 HIFI Audio) sounds before flashing with JA11 firmware, so I am thinking of buying another one.
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