According to my measurements, the JWD JWM-115 has an output impedance of less than 1 Ohm. I don't understand why it came with a resistive connector. As you can see from my measurements, it doesn't have much power and only 32 volume steps and I can only use it with IEMS or normal earbuds, because of its low power. The resistive connector only makes things worse because it is a voltage divider, and gives less voltage to the headphones. Or for once I got the good unit, for me the sound is quite clean and I usually use it above 15.
I think it is a faulty unit, at 1 volume step it should give very little voltage....
Regardless of the sound, my measurements don't lie and from them you can tell that the output impedance is very low, do the math.
About the reviewers who receive units for review in exchange for our humble opinion, I don't hide and that's how it is. Not everything is wonderful. When I don't like something I usually talk to the manufacturer or shop and tell them my opinion, before publishing the review. In the many reviews I have written I have sometimes received bad products and a few other times, also faulty products. Measurements are useful to demonstrate these defects and a multimeter or a cheap oscilloscope like the one I have, a few resistors and some connectors, can help a lot...
They are simple measurements but they are real.
On the other hand, the ACMEE MF-01 does have a high output impedance and it is something I report in my review.
This review talks about the background noise... And also about its power...
https://www.audioreviews.org/jwd-jwm-115-dsd-review/
And like the other reviews I've read, I don't agree with the level of power the reviewers say it has. Connecting a headphone and saying it sounds loud is very relative. Any real measurement?
Does my unit have hiss? Uuuhmmm, I listen to music, not silence. But I must say I'm not very good at analysing silence, I don't have a very sensitive ear in that sense. So I mean I'm a bad analyzer silence and background noise.... Keep that in mind.
In this case, I haven't perceived that to be the case....
Edit: All this makes me think one thing.... Is it possible, as has happened in the past, that the other reviewers received a different unit, with more power but also amplifying the background noise problem...?
Nor do I want to doubt that the other reviewers do not have a good ear for calculating power....