After a phenomenal response, OnePlus received for its One smartphone launched last year, it seems the company is all geared up to launch the next iteration, most likely to be called OnePlus Two. The Chinese manufacturer on Monday posted a teaser tweet on its official Twitter account, suggesting that the company has plans to launch something big on June 1st.

The tweet reads, “We’re always looking for ways to shake up the tech industry. And we think it’s time for change”. While the teaser posted does not blatantly mention the arrival of the next smartphone, the accompanying image does reveal an incomplete rendering of the OnePlus One smartphone with the caption ‘Time to Change’, which we can safely assume is the launch of the OnePlus Two.

Interestingly, the teaser comes days after the OnePlus Two was rumored to be spotted on a Geekbench benchmark test for a device called OnePlus One A2001. The test that the model runs the latest Android 5.1, a quad-core Qualcomm Snapdragon 810 SoC.

Other rumored specs on the upcoming smartphone include 3GB of RAM, FullHD (1080×1920 pixels) display, 5-megapixel front camera, and Adreno 430 GPU. Additionally, it’s likely to feature a 13-megapixel rear camera, 3300mAh battery; 4G LTE; GPS, Bluetooth, Wi-Fi, Micro-USB and OTG connectivity.

Meanwhile, OnePlus CEO Peter Lau earlier this month gave subtle hints about the upcoming handset’s price and processor. Lau asked his followers on China’s Weibo as to what price tag the upcoming smartphone should get if it sports a Qualcomm Snapdragon 810 SoC. After several answers, its seems Lau agreed for a price tag of CNY 2499 (roughly $402.92).

OnePlus starts deploying Android Lollipop-based OxygenOS to OnePlus One phones

However, the company is apparently going to stick with the same unusual invite only system with the One’s successor. OnePlus’ marketing director David Sanmartin has officially confirmed that the launch of their latest OnePlus Two will yet again be an invite-only affair.The announcement killed the hopes of many who expected that the company would do away with the invite system after it made their One smartphone globally available without invite.