Fans of Blackpink have cause for a summertime celebration.

YG Entertainment, which manages the wildly popular K-pop girl group, has announced that Blackpink will be returning with new music in August, which is the beginning of “a continuous large-scale project” that will carry through to the second half of 2022.

In the announcement, YG Entertainment stated, “a lot of Blackpink-esque music has been prepared over a long period of time,” adding that the quartet he quartet — Jisoo, Jennie, Rosé and Lisa — are in the “final stages of recording a new album.”

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In addition, fans will be able to see the group perform live.

“On top of new music and large-scale projects, Blackpink will also go on the largest world tour in the history of a K-pop girl group by the end of the year to expand their rapport with fans worldwide,” the announcement added.

Blackpink fans are positively psyched by the announcement, judging by a sampling of response on social media.