diff --git a/.idea/vcs.xml b/.idea/vcs.xml
index 10142b516e46..6310577ae1b5 100644
--- a/.idea/vcs.xml
+++ b/.idea/vcs.xml
@@ -1,20 +1,4 @@
 <?xml version="1.0" encoding="UTF-8"?>
-<!--
-  Licensed to the Apache Software Foundation (ASF) under one or more
-  contributor license agreements.  See the NOTICE file distributed with
-  this work for additional information regarding copyright ownership.
-  The ASF licenses this file to You under the Apache License, Version 2.0
-  (the "License"); you may not use this file except in compliance with
-  the License.  You may obtain a copy of the License at
-
-       http://www.apache.org/licenses/LICENSE-2.0
-
-  Unless required by applicable law or agreed to in writing, software
-  distributed under the License is distributed on an "AS IS" BASIS,
-  WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
-  See the License for the specific language governing permissions and
-  limitations under the License.
--->
 <project version="4">
   <component name="IssueNavigationConfiguration">
     <option name="links">
@@ -32,5 +16,6 @@
   </component>
   <component name="VcsDirectoryMappings">
     <mapping directory="$PROJECT_DIR$" vcs="Git" />
+    <mapping directory="$PROJECT_DIR$/src_release/hudi-tmp-clone" vcs="Git" />
   </component>
-</project>
+</project>
\ No newline at end of file
diff --git a/docker/hoodie/hadoop/base/pom.xml b/docker/hoodie/hadoop/base/pom.xml
index 8cbaa9fc06bf..39ceb4006b44 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-rc2</version>
+    <version>0.12.1</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 85abe7f8eecf..40ad44d67fd6 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-rc2</version>
+    <version>0.12.1</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 74c08c56d05b..9913a8b8aa69 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-rc2</version>
+    <version>0.12.1</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 3f2c72cad8ce..40342983a02c 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-rc2</version>
+    <version>0.12.1</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 c43f25432683..5e06832e72a0 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-rc2</version>
+    <version>0.12.1</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 402f6e5da7c0..549173d6a824 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-rc2</version>
+    <version>0.12.1</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 00e042105b73..395a222edce3 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-rc2</version>
+    <version>0.12.1</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 6b3ece20a9bf..40c6f30e90e5 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-rc2</version>
+    <version>0.12.1</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 82221cc42073..e928b2027160 100644
--- a/docker/hoodie/hadoop/spark_base/pom.xml
+++ b/docker/hoodie/hadoop/spark_base/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <artifactId>hudi-hadoop-docker</artifactId>
     <groupId>org.apache.hudi</groupId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</version>
   </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 1fc65b2e0b01..e043e11c04e7 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-rc2</version>
+    <version>0.12.1</version>
   </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 19b51b6701f8..d1f4576272cc 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-rc2</version>
+    <version>0.12.1</version>
   </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 6a57fa21b237..f5076e9f18b3 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-rc2</version>
+    <version>0.12.1</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 831ed8fe30d2..c4117daae232 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-rc2</version>
+        <version>0.12.1</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 f44f2808fe45..0d9cb7989c82 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-rc2</version>
+        <version>0.12.1</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 78b90cf9601e..f2e06de21561 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <packaging>pom</packaging>
diff --git a/hudi-aws/pom.xml b/hudi-aws/pom.xml
index 5c1ad9fa2b9d..23e4b5daf8a1 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-aws</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</version>
 
     <name>hudi-aws</name>
     <packaging>jar</packaging>
diff --git a/hudi-cli/pom.xml b/hudi-cli/pom.xml
index affc246c02c2..ee78bf24b0ba 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-rc2</version>
+    <version>0.12.1</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 a4f72c4a784f..735b62957d3b 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-client-common</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 291bc27a86cd..705e09767a3c 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink-client</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 b4122df8a403..5d65e1e3afcd 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-java-client</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 1f9254242568..a7ae3a7049f9 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark-client</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</version>
 
   <name>hudi-spark-client</name>
   <packaging>jar</packaging>
diff --git a/hudi-client/pom.xml b/hudi-client/pom.xml
index 6d73a904ec07..ae6f5430b9bd 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-common/pom.xml b/hudi-common/pom.xml
index 406b7bdd6451..9f149f464ff2 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-rc2</version>
+    <version>0.12.1</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 ea6259b697c5..03b524f5011d 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-rc2</version>
+        <version>0.12.1</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 1f67a25c59cb..fa2f70ee9927 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-rc2</version>
+        <version>0.12.1</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 d5917e09a431..2c583ddab9b1 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-rc2</version>
+        <version>0.12.1</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 12544f9eba34..4eeb11ecb147 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-examples/pom.xml b/hudi-examples/pom.xml
index bfc929812fb8..b27a4df6e033 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-rc2</version>
+    <version>0.12.1</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 1156e2d57af7..1d550bfe8399 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 44301930c170..debaae350b09 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.13.x</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 e075fd715806..4f51b7f736ee 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.14.x</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 1fbf0507d693..51b37d81fe06 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink1.15.x</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/hudi-flink-datasource/pom.xml b/hudi-flink-datasource/pom.xml
index 464087c65448..57fc7fe2f280 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-flink-datasource</artifactId>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</version>
     <packaging>pom</packaging>
 
     <properties>
diff --git a/hudi-gcp/pom.xml b/hudi-gcp/pom.xml
index 65fe02c63f56..090f7b8d4bb3 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-rc2</version>
+    <version>0.12.1</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/hudi-hadoop-mr/pom.xml b/hudi-hadoop-mr/pom.xml
index ca1b31eb2990..451fd0ef27c6 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-integ-test/pom.xml b/hudi-integ-test/pom.xml
index abb25ed4ab41..2134f80bb0a0 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-rc2</version>
+    <version>0.12.1</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 2d96a575abcf..75d82ab93fa1 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>hudi-kafka-connect</artifactId>
     <description>Kafka Connect Sink Connector for Hudi</description>
-    <version>0.12.1-rc2</version>
+    <version>0.12.1</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 92b2d65f4b04..a1016299ba98 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark-common_${scala.binary.version}</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 b4cdd954672e..f55cb3359c66 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark_${scala.binary.version}</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 a192eca792e0..bba57f85b793 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-rc2</version>
+        <version>0.12.1</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 fc856ebb93fa..f74dd96a5bb4 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark2_${scala.binary.version}</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 dbae9c025968..75957d6d4cf1 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-rc2</version>
+        <version>0.12.1</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 657166f89325..6768e0ce0373 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.1.x_2.12</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 7324f6933a42..cd6ba3a4b5f2 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.2.x_2.12</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 6d977ce9a413..513952dad45c 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-rc2</version>
+        <version>0.12.1</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 4901b0fd2b8f..9ab65dca2ea7 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
   <artifactId>hudi-spark3.3.x_2.12</artifactId>
-  <version>0.12.1-rc2</version>
+  <version>0.12.1</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 7f0f48bff419..54f0dd8dd7f6 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-rc2</version>
+    <version>0.12.1</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 1a7df1ad8b61..826262d36ada 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-rc2</version>
+    <version>0.12.1</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 dc796cdcb62b..f40ecebbfc8d 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-rc2</version>
+    <version>0.12.1</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 a94a92215e78..7cf31550b6b7 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-rc2</version>
+    <version>0.12.1</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 bd8b774313a2..7d43e51ee755 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-rc2</version>
+    <version>0.12.1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/hudi-sync/pom.xml b/hudi-sync/pom.xml
index f5e298d72e30..c4687f868cef 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-tests-common/pom.xml b/hudi-tests-common/pom.xml
index bbcb09e566ee..76ccbea0959b 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-rc2</version>
+        <version>0.12.1</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/hudi-timeline-service/pom.xml b/hudi-timeline-service/pom.xml
index ed800b357f34..2a392b7b011c 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/hudi-utilities/pom.xml b/hudi-utilities/pom.xml
index c236f3684678..0c2a612d78e4 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-rc2</version>
+    <version>0.12.1</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/packaging/hudi-aws-bundle/pom.xml b/packaging/hudi-aws-bundle/pom.xml
index 3b40fa4a9141..3edfe5484774 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-rc2</version>
+        <version>0.12.1</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 8b0666952fa7..ac45e41ce56b 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-rc2</version>
+    <version>0.12.1</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 b45830303582..797cbce07e78 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-rc2</version>
+    <version>0.12.1</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 4b116d1b7f71..59b5e404bda0 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-rc2</version>
+    <version>0.12.1</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 5b23252397a3..b2c6e615793b 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-rc2</version>
+    <version>0.12.1</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 c70be54cc378..51e11c29abcd 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-rc2</version>
+    <version>0.12.1</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 d167da110fe0..d1789b863af2 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-rc2</version>
+    <version>0.12.1</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 7268713b0840..6a024ac02f4d 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-rc2</version>
+        <version>0.12.1</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 7969b33fb42d..ab9be03983c1 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-rc2</version>
+    <version>0.12.1</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 700f03284daa..fa149b985987 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-rc2</version>
+    <version>0.12.1</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 e2e68419d9aa..8b9b251b8968 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-rc2</version>
+        <version>0.12.1</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 f83f04c8ef24..b0eeb0435ed3 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-rc2</version>
+    <version>0.12.1</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 c5de885be759..b58729bdc962 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-rc2</version>
+    <version>0.12.1</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 36560c17084b..e98a70ac846e 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-rc2</version>
+    <version>0.12.1</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 1da28ec52d8a..47e53fed97ff 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-rc2</version>
+  <version>0.12.1</version>
   <description>Apache Hudi brings stream style processing on big data</description>
   <url>https://github.com/apache/hudi</url>
   <name>Hudi</name>