HiFiMan is a relative newcomer (2006) to the audio product scene. Their specialty is headphones (including over-the-ear and earbuds) and headphone amplifiers. We have reviewed several of their headphones, with positive and enthusiastic findings. The HE-500, reviewed here, are over-the-ear headphones, meaning that they completely enclose the ears. This model also uses planar magnetic drivers, which unlike cone drivers, are flat, very thin plastic membranes, on which is attached a thin conductor. The membrane is near permanent magnets, and when the signal flows through the conductor, the opposing electromagnetic field on the conductive membrane is pushed away from or attracted to the permanent magnets, producing the sound.