diff --git a/version/K8S.VERSION b/version/K8S.VERSION
index 464294dd95..cf3b0c7500 100644
--- a/version/K8S.VERSION
+++ b/version/K8S.VERSION
@@ -1 +1 @@
-v1.2.1-1.15.x
+v1.3.0-1.15.x
diff --git a/version/PAI.VERSION b/version/PAI.VERSION
index 6a5e98a744..18fa8e74f9 100644
--- a/version/PAI.VERSION
+++ b/version/PAI.VERSION
@@ -1 +1 @@
-v1.2.1
+v1.3.0