Chinese company Oppo offers a sleek compact portable media player dubbed Oppo Super Five.

This PMP is kind of 'super', because it supports a ton of video and audio formats. The Oppo Super Five plays RM, RMVB, FLV, DAT, MPG, MPEG, AVI, 3GP video files and OGG, MP3, WMA and WAV and dual-APE, FLAC Lossless audio files.
Oppo packed that functionality in a 2GB flash memory player that is not larger than a credit-card and sports a 3 inch color screen with QVGA resolution.
The measurements are 87×54×11mm and the weight of the Super Five is only 76g.

The Oppo Super Five also displays photos in the formats of JPEG, BMP, GIF and PNG.

The Oppo Super Five sells in China for 899 Yuan (~$120).
Via the Oppo product page (Chinese) and IMP3 (Chinese).