diff --git a/docker/hoodie/hadoop/base/pom.xml b/docker/hoodie/hadoop/base/pom.xml
index 39ceb4006b44..d8715bd07779 100644
--- a/docker/hoodie/hadoop/base/pom.xml
+++ b/docker/hoodie/hadoop/base/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/base_java11/pom.xml b/docker/hoodie/hadoop/base_java11/pom.xml
index 40ad44d67fd6..a5659d3f0229 100644
--- a/docker/hoodie/hadoop/base_java11/pom.xml
+++ b/docker/hoodie/hadoop/base_java11/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/datanode/pom.xml b/docker/hoodie/hadoop/datanode/pom.xml
index 9913a8b8aa69..35b1da0c75a5 100644
--- a/docker/hoodie/hadoop/datanode/pom.xml
+++ b/docker/hoodie/hadoop/datanode/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/historyserver/pom.xml b/docker/hoodie/hadoop/historyserver/pom.xml
index 40342983a02c..00f655cc5f18 100644
--- a/docker/hoodie/hadoop/historyserver/pom.xml
+++ b/docker/hoodie/hadoop/historyserver/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/hive_base/pom.xml b/docker/hoodie/hadoop/hive_base/pom.xml
index 5e06832e72a0..2f395579ccc4 100644
--- a/docker/hoodie/hadoop/hive_base/pom.xml
+++ b/docker/hoodie/hadoop/hive_base/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/namenode/pom.xml b/docker/hoodie/hadoop/namenode/pom.xml
index 549173d6a824..2e3b01a3f697 100644
--- a/docker/hoodie/hadoop/namenode/pom.xml
+++ b/docker/hoodie/hadoop/namenode/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/pom.xml b/docker/hoodie/hadoop/pom.xml
index 395a222edce3..0ec020d87fd4 100644
--- a/docker/hoodie/hadoop/pom.xml
+++ b/docker/hoodie/hadoop/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/docker/hoodie/hadoop/prestobase/pom.xml b/docker/hoodie/hadoop/prestobase/pom.xml
index 40c6f30e90e5..9a92509fe340 100644
--- a/docker/hoodie/hadoop/prestobase/pom.xml
+++ b/docker/hoodie/hadoop/prestobase/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/spark_base/pom.xml b/docker/hoodie/hadoop/spark_base/pom.xml
index e928b2027160..ff37b79153e4 100644
--- a/docker/hoodie/hadoop/spark_base/pom.xml
+++ b/docker/hoodie/hadoop/spark_base/pom.xml
@@ -19,7 +19,7 @@
   <parent>
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     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
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   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/sparkadhoc/pom.xml b/docker/hoodie/hadoop/sparkadhoc/pom.xml
index e043e11c04e7..cfc111457395 100644
--- a/docker/hoodie/hadoop/sparkadhoc/pom.xml
+++ b/docker/hoodie/hadoop/sparkadhoc/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
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   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/sparkmaster/pom.xml b/docker/hoodie/hadoop/sparkmaster/pom.xml
index d1f4576272cc..bd270106bb8b 100644
--- a/docker/hoodie/hadoop/sparkmaster/pom.xml
+++ b/docker/hoodie/hadoop/sparkmaster/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
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   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/sparkworker/pom.xml b/docker/hoodie/hadoop/sparkworker/pom.xml
index f5076e9f18b3..f6c7c7365237 100644
--- a/docker/hoodie/hadoop/sparkworker/pom.xml
+++ b/docker/hoodie/hadoop/sparkworker/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/trinobase/pom.xml b/docker/hoodie/hadoop/trinobase/pom.xml
index c4117daae232..1f1ea08025da 100644
--- a/docker/hoodie/hadoop/trinobase/pom.xml
+++ b/docker/hoodie/hadoop/trinobase/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>hudi-hadoop-docker</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/trinocoordinator/pom.xml b/docker/hoodie/hadoop/trinocoordinator/pom.xml
index 0d9cb7989c82..d83ead3a6676 100644
--- a/docker/hoodie/hadoop/trinocoordinator/pom.xml
+++ b/docker/hoodie/hadoop/trinocoordinator/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>hudi-hadoop-docker</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <packaging>pom</packaging>
diff --git a/docker/hoodie/hadoop/trinoworker/pom.xml b/docker/hoodie/hadoop/trinoworker/pom.xml
index f2e06de21561..fd54c7c00729 100644
--- a/docker/hoodie/hadoop/trinoworker/pom.xml
+++ b/docker/hoodie/hadoop/trinoworker/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <artifactId>hudi-hadoop-docker</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <packaging>pom</packaging>
diff --git a/hudi-aws/pom.xml b/hudi-aws/pom.xml
index 23e4b5daf8a1..e151c1980ea8 100644
--- a/hudi-aws/pom.xml
+++ b/hudi-aws/pom.xml
@@ -19,12 +19,12 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-aws</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
 
     <name>hudi-aws</name>
     <packaging>jar</packaging>
diff --git a/hudi-cli/pom.xml b/hudi-cli/pom.xml
index ee78bf24b0ba..963a12b4ce29 100644
--- a/hudi-cli/pom.xml
+++ b/hudi-cli/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-client/hudi-client-common/pom.xml b/hudi-client/hudi-client-common/pom.xml
index 735b62957d3b..69fad66d6625 100644
--- a/hudi-client/hudi-client-common/pom.xml
+++ b/hudi-client/hudi-client-common/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <artifactId>hudi-client</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-client-common</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-client-common</name>
   <packaging>jar</packaging>
diff --git a/hudi-client/hudi-flink-client/pom.xml b/hudi-client/hudi-flink-client/pom.xml
index 705e09767a3c..c1c863242bda 100644
--- a/hudi-client/hudi-flink-client/pom.xml
+++ b/hudi-client/hudi-flink-client/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <artifactId>hudi-client</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink-client</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
 
     <name>hudi-flink-client</name>
     <packaging>jar</packaging>
diff --git a/hudi-client/hudi-java-client/pom.xml b/hudi-client/hudi-java-client/pom.xml
index 5d65e1e3afcd..f5af69ad927f 100644
--- a/hudi-client/hudi-java-client/pom.xml
+++ b/hudi-client/hudi-java-client/pom.xml
@@ -19,12 +19,12 @@
     <parent>
         <artifactId>hudi-client</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-java-client</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
 
     <name>hudi-java-client</name>
     <packaging>jar</packaging>
diff --git a/hudi-client/hudi-spark-client/pom.xml b/hudi-client/hudi-spark-client/pom.xml
index a7ae3a7049f9..e028a53affa4 100644
--- a/hudi-client/hudi-spark-client/pom.xml
+++ b/hudi-client/hudi-spark-client/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <artifactId>hudi-client</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark-client</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark-client</name>
   <packaging>jar</packaging>
diff --git a/hudi-client/pom.xml b/hudi-client/pom.xml
index ae6f5430b9bd..16467c134715 100644
--- a/hudi-client/pom.xml
+++ b/hudi-client/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-common/pom.xml b/hudi-common/pom.xml
index 9f149f464ff2..2bcc05544418 100644
--- a/hudi-common/pom.xml
+++ b/hudi-common/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/hudi-examples-common/pom.xml b/hudi-examples/hudi-examples-common/pom.xml
index 03b524f5011d..75e385889b80 100644
--- a/hudi-examples/hudi-examples-common/pom.xml
+++ b/hudi-examples/hudi-examples-common/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-examples</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/hudi-examples-flink/pom.xml b/hudi-examples/hudi-examples-flink/pom.xml
index 1eed64d0720f..e7f8bebf6297 100644
--- a/hudi-examples/hudi-examples-flink/pom.xml
+++ b/hudi-examples/hudi-examples-flink/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-examples</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/hudi-examples-java/pom.xml b/hudi-examples/hudi-examples-java/pom.xml
index 079b15ce231b..e6b57ec733a9 100644
--- a/hudi-examples/hudi-examples-java/pom.xml
+++ b/hudi-examples/hudi-examples-java/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-examples</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/hudi-examples-spark/pom.xml b/hudi-examples/hudi-examples-spark/pom.xml
index 4eeb11ecb147..bdc94289849b 100644
--- a/hudi-examples/hudi-examples-spark/pom.xml
+++ b/hudi-examples/hudi-examples-spark/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-examples</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/pom.xml b/hudi-examples/pom.xml
index b27a4df6e033..e7f811cb3b0f 100644
--- a/hudi-examples/pom.xml
+++ b/hudi-examples/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-flink-datasource/hudi-flink/pom.xml b/hudi-flink-datasource/hudi-flink/pom.xml
index d97137c8875f..c9bd9d6a73a3 100644
--- a/hudi-flink-datasource/hudi-flink/pom.xml
+++ b/hudi-flink-datasource/hudi-flink/pom.xml
@@ -22,12 +22,12 @@
     <parent>
         <artifactId>hudi-flink-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-flink-datasource/hudi-flink1.13.x/pom.xml b/hudi-flink-datasource/hudi-flink1.13.x/pom.xml
index debaae350b09..0502aaf53f45 100644
--- a/hudi-flink-datasource/hudi-flink1.13.x/pom.xml
+++ b/hudi-flink-datasource/hudi-flink1.13.x/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <artifactId>hudi-flink-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.13.x</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-flink-datasource/hudi-flink1.14.x/pom.xml b/hudi-flink-datasource/hudi-flink1.14.x/pom.xml
index 4f51b7f736ee..6484bfba95dc 100644
--- a/hudi-flink-datasource/hudi-flink1.14.x/pom.xml
+++ b/hudi-flink-datasource/hudi-flink1.14.x/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <artifactId>hudi-flink-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.14.x</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-flink-datasource/hudi-flink1.15.x/pom.xml b/hudi-flink-datasource/hudi-flink1.15.x/pom.xml
index 51b37d81fe06..41c3aa1f5e16 100644
--- a/hudi-flink-datasource/hudi-flink1.15.x/pom.xml
+++ b/hudi-flink-datasource/hudi-flink1.15.x/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <artifactId>hudi-flink-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.15.x</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-flink-datasource/pom.xml b/hudi-flink-datasource/pom.xml
index 57fc7fe2f280..253d2107d422 100644
--- a/hudi-flink-datasource/pom.xml
+++ b/hudi-flink-datasource/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink-datasource</artifactId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>pom</packaging>
 
     <properties>
diff --git a/hudi-gcp/pom.xml b/hudi-gcp/pom.xml
index 090f7b8d4bb3..a0014e7efd50 100644
--- a/hudi-gcp/pom.xml
+++ b/hudi-gcp/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/hudi-hadoop-mr/pom.xml b/hudi-hadoop-mr/pom.xml
index 451fd0ef27c6..47d7e49c79e4 100644
--- a/hudi-hadoop-mr/pom.xml
+++ b/hudi-hadoop-mr/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-integ-test/pom.xml b/hudi-integ-test/pom.xml
index 2134f80bb0a0..5a9453c16945 100644
--- a/hudi-integ-test/pom.xml
+++ b/hudi-integ-test/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
   <artifactId>hudi-integ-test</artifactId>
diff --git a/hudi-kafka-connect/pom.xml b/hudi-kafka-connect/pom.xml
index 75d82ab93fa1..0f4bc6b531dc 100644
--- a/hudi-kafka-connect/pom.xml
+++ b/hudi-kafka-connect/pom.xml
@@ -19,13 +19,13 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-kafka-connect</artifactId>
     <description>Kafka Connect Sink Connector for Hudi</description>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-spark-datasource/hudi-spark-common/pom.xml b/hudi-spark-datasource/hudi-spark-common/pom.xml
index a1016299ba98..4c17f2cf79ae 100644
--- a/hudi-spark-datasource/hudi-spark-common/pom.xml
+++ b/hudi-spark-datasource/hudi-spark-common/pom.xml
@@ -17,12 +17,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark-common_${scala.binary.version}</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark-common_${scala.binary.version}</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/hudi-spark/pom.xml b/hudi-spark-datasource/hudi-spark/pom.xml
index f55cb3359c66..c98972bec574 100644
--- a/hudi-spark-datasource/hudi-spark/pom.xml
+++ b/hudi-spark-datasource/hudi-spark/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark_${scala.binary.version}</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark_${scala.binary.version}</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/hudi-spark2-common/pom.xml b/hudi-spark-datasource/hudi-spark2-common/pom.xml
index bba57f85b793..627c7c8a61f8 100644
--- a/hudi-spark-datasource/hudi-spark2-common/pom.xml
+++ b/hudi-spark-datasource/hudi-spark2-common/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-spark-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-spark-datasource/hudi-spark2/pom.xml b/hudi-spark-datasource/hudi-spark2/pom.xml
index f74dd96a5bb4..a5e16cfe6cff 100644
--- a/hudi-spark-datasource/hudi-spark2/pom.xml
+++ b/hudi-spark-datasource/hudi-spark2/pom.xml
@@ -17,12 +17,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark2_${scala.binary.version}</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark2_${scala.binary.version}</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/hudi-spark3-common/pom.xml b/hudi-spark-datasource/hudi-spark3-common/pom.xml
index 75957d6d4cf1..a3c98bfa4e6e 100644
--- a/hudi-spark-datasource/hudi-spark3-common/pom.xml
+++ b/hudi-spark-datasource/hudi-spark3-common/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-spark-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-spark-datasource/hudi-spark3.1.x/pom.xml b/hudi-spark-datasource/hudi-spark3.1.x/pom.xml
index 6768e0ce0373..eb37441e5348 100644
--- a/hudi-spark-datasource/hudi-spark3.1.x/pom.xml
+++ b/hudi-spark-datasource/hudi-spark3.1.x/pom.xml
@@ -17,12 +17,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.1.x_2.12</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark3.1.x_2.12</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/hudi-spark3.2.x/pom.xml b/hudi-spark-datasource/hudi-spark3.2.x/pom.xml
index cd6ba3a4b5f2..a318ca7d07d8 100644
--- a/hudi-spark-datasource/hudi-spark3.2.x/pom.xml
+++ b/hudi-spark-datasource/hudi-spark3.2.x/pom.xml
@@ -17,12 +17,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.2.x_2.12</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark3.2.x_2.12</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/hudi-spark3.2plus-common/pom.xml b/hudi-spark-datasource/hudi-spark3.2plus-common/pom.xml
index 513952dad45c..2bdb7e00191e 100644
--- a/hudi-spark-datasource/hudi-spark3.2plus-common/pom.xml
+++ b/hudi-spark-datasource/hudi-spark3.2plus-common/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi-spark-datasource</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-spark-datasource/hudi-spark3.3.x/pom.xml b/hudi-spark-datasource/hudi-spark3.3.x/pom.xml
index 9ab65dca2ea7..242996660740 100644
--- a/hudi-spark-datasource/hudi-spark3.3.x/pom.xml
+++ b/hudi-spark-datasource/hudi-spark3.3.x/pom.xml
@@ -17,12 +17,12 @@
   <parent>
     <artifactId>hudi-spark-datasource</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.3.x_2.12</artifactId>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
 
   <name>hudi-spark3.3.x_2.12</name>
   <packaging>jar</packaging>
diff --git a/hudi-spark-datasource/pom.xml b/hudi-spark-datasource/pom.xml
index 54f0dd8dd7f6..dcc4a66e88d8 100644
--- a/hudi-spark-datasource/pom.xml
+++ b/hudi-spark-datasource/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-sync/hudi-adb-sync/pom.xml b/hudi-sync/hudi-adb-sync/pom.xml
index 826262d36ada..c677138bc0f3 100644
--- a/hudi-sync/hudi-adb-sync/pom.xml
+++ b/hudi-sync/hudi-adb-sync/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/hudi-sync/hudi-datahub-sync/pom.xml b/hudi-sync/hudi-datahub-sync/pom.xml
index f40ecebbfc8d..4e22390c90ee 100644
--- a/hudi-sync/hudi-datahub-sync/pom.xml
+++ b/hudi-sync/hudi-datahub-sync/pom.xml
@@ -24,7 +24,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/hudi-sync/hudi-hive-sync/pom.xml b/hudi-sync/hudi-hive-sync/pom.xml
index 7cf31550b6b7..f082d51aaa65 100644
--- a/hudi-sync/hudi-hive-sync/pom.xml
+++ b/hudi-sync/hudi-hive-sync/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/hudi-sync/hudi-sync-common/pom.xml b/hudi-sync/hudi-sync-common/pom.xml
index 7d43e51ee755..f1aad7998415 100644
--- a/hudi-sync/hudi-sync-common/pom.xml
+++ b/hudi-sync/hudi-sync-common/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/hudi-sync/pom.xml b/hudi-sync/pom.xml
index c4687f868cef..44c95c2d2812 100644
--- a/hudi-sync/pom.xml
+++ b/hudi-sync/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-tests-common/pom.xml b/hudi-tests-common/pom.xml
index 76ccbea0959b..9baa042078be 100644
--- a/hudi-tests-common/pom.xml
+++ b/hudi-tests-common/pom.xml
@@ -17,7 +17,7 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/hudi-timeline-service/pom.xml b/hudi-timeline-service/pom.xml
index 036009a24fc8..7b2e574dee67 100644
--- a/hudi-timeline-service/pom.xml
+++ b/hudi-timeline-service/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-utilities/pom.xml b/hudi-utilities/pom.xml
index 0c2a612d78e4..f90f559b7873 100644
--- a/hudi-utilities/pom.xml
+++ b/hudi-utilities/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/packaging/hudi-aws-bundle/pom.xml b/packaging/hudi-aws-bundle/pom.xml
index 8e429c19c184..e142be1f12e0 100644
--- a/packaging/hudi-aws-bundle/pom.xml
+++ b/packaging/hudi-aws-bundle/pom.xml
@@ -24,7 +24,7 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-datahub-sync-bundle/pom.xml b/packaging/hudi-datahub-sync-bundle/pom.xml
index 925e4e8893ae..50174fe785a0 100644
--- a/packaging/hudi-datahub-sync-bundle/pom.xml
+++ b/packaging/hudi-datahub-sync-bundle/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-flink-bundle/pom.xml b/packaging/hudi-flink-bundle/pom.xml
index 059ab2a9c5e4..06fd2ba5e974 100644
--- a/packaging/hudi-flink-bundle/pom.xml
+++ b/packaging/hudi-flink-bundle/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-gcp-bundle/pom.xml b/packaging/hudi-gcp-bundle/pom.xml
index d8f58ab21fce..93d3bcac88c1 100644
--- a/packaging/hudi-gcp-bundle/pom.xml
+++ b/packaging/hudi-gcp-bundle/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-hadoop-mr-bundle/pom.xml b/packaging/hudi-hadoop-mr-bundle/pom.xml
index f50d3e337e19..38063d31d3a2 100644
--- a/packaging/hudi-hadoop-mr-bundle/pom.xml
+++ b/packaging/hudi-hadoop-mr-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-hive-sync-bundle/pom.xml b/packaging/hudi-hive-sync-bundle/pom.xml
index c0b7fb01730c..9f09a48241c6 100644
--- a/packaging/hudi-hive-sync-bundle/pom.xml
+++ b/packaging/hudi-hive-sync-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-integ-test-bundle/pom.xml b/packaging/hudi-integ-test-bundle/pom.xml
index 378e9b6496c8..eabaa999687e 100644
--- a/packaging/hudi-integ-test-bundle/pom.xml
+++ b/packaging/hudi-integ-test-bundle/pom.xml
@@ -17,7 +17,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-kafka-connect-bundle/pom.xml b/packaging/hudi-kafka-connect-bundle/pom.xml
index fb46cf5a33de..ba087ef787ad 100644
--- a/packaging/hudi-kafka-connect-bundle/pom.xml
+++ b/packaging/hudi-kafka-connect-bundle/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-presto-bundle/pom.xml b/packaging/hudi-presto-bundle/pom.xml
index 9853e04166b8..80a22fe2d8bc 100644
--- a/packaging/hudi-presto-bundle/pom.xml
+++ b/packaging/hudi-presto-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-spark-bundle/pom.xml b/packaging/hudi-spark-bundle/pom.xml
index 817de8e2c4f6..02c5885b9f38 100644
--- a/packaging/hudi-spark-bundle/pom.xml
+++ b/packaging/hudi-spark-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-timeline-server-bundle/pom.xml b/packaging/hudi-timeline-server-bundle/pom.xml
index 964f61a558fc..35a345bcd1b6 100644
--- a/packaging/hudi-timeline-server-bundle/pom.xml
+++ b/packaging/hudi-timeline-server-bundle/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <artifactId>hudi</artifactId>
         <groupId>org.apache.hudi</groupId>
-        <version>0.12.1</version>
+        <version>0.12.2-rc1</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-trino-bundle/pom.xml b/packaging/hudi-trino-bundle/pom.xml
index 7b5f34953f30..19279a1e51f2 100644
--- a/packaging/hudi-trino-bundle/pom.xml
+++ b/packaging/hudi-trino-bundle/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-utilities-bundle/pom.xml b/packaging/hudi-utilities-bundle/pom.xml
index f04ca01dd7a1..538058c48c9f 100644
--- a/packaging/hudi-utilities-bundle/pom.xml
+++ b/packaging/hudi-utilities-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/packaging/hudi-utilities-slim-bundle/pom.xml b/packaging/hudi-utilities-slim-bundle/pom.xml
index fba33d7a07eb..b1e8b1b3a062 100644
--- a/packaging/hudi-utilities-slim-bundle/pom.xml
+++ b/packaging/hudi-utilities-slim-bundle/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1</version>
+    <version>0.12.2-rc1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index eb72c8fd213c..902b0e97e48d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -29,7 +29,7 @@
   <groupId>org.apache.hudi</groupId>
   <artifactId>hudi</artifactId>
   <packaging>pom</packaging>
-  <version>0.12.1</version>
+  <version>0.12.2-rc1</version>
   <description>Apache Hudi brings stream style processing on big data</description>
   <url>https://github.com/apache/hudi</url>
   <name>Hudi</name>