diff --git a/apps/emqx/include/emqx_release.hrl b/apps/emqx/include/emqx_release.hrl
index cb97b5853..0115edc91 100644
--- a/apps/emqx/include/emqx_release.hrl
+++ b/apps/emqx/include/emqx_release.hrl
@@ -32,10 +32,10 @@
 %% `apps/emqx/src/bpapi/README.md'
 
 %% Opensource edition
--define(EMQX_RELEASE_CE, "5.4.1-alpha.1").
+-define(EMQX_RELEASE_CE, "5.4.1").
 
 %% Enterprise edition
--define(EMQX_RELEASE_EE, "5.4.1-alpha.1").
+-define(EMQX_RELEASE_EE, "5.4.1").
 
 %% The HTTP API version
 -define(EMQX_API_VERSION, "5.0").
diff --git a/changes/e5.4.1.en.md b/changes/e5.4.1.en.md
new file mode 100644
index 000000000..c41ff0a55
--- /dev/null
+++ b/changes/e5.4.1.en.md
@@ -0,0 +1,21 @@
+# e5.4.1
+
+## Bug Fixes
+
+- [#12234](https://github.com/emqx/emqx/pull/12234) Resolved compatibility issues with Open Telemetry configurations defined in `emqx.conf` from versions before EMQX 5.4.0, ensuring smooth integration of legacy configurations with the latest EMQX release.
+
+- [#12236](https://github.com/emqx/emqx/pull/12236) Fixed client ID generation in MQTT broker data integration to comply with MQTT 3.1 specification of 23-byte limit. Client ID is now prefixed with user-assigned connector name, followed by the first 8 bytes of node name's SHA hash and pool member ID. If the resulting ID exceeds 23 bytes, additional SHA hash and truncation are applied to ensure compliance.
+
+- [#12238](https://github.com/emqx/emqx/pull/12238) Resolved compatibility issue with the error format configurations introduced in the HTTP Action feature of EMQX version 5.3.2.
+
+- [#12240](https://github.com/emqx/emqx/pull/12240) Modified the `/file_transfer` API to return file transfer configurations in their original raw format. This change prevents the conversion of time units, such as "1h", to seconds, ensuring that callers receive the initially configured values. This modification aligns with other getter APIs, maintaining consistency in data representation.
+
+- [#12241](https://github.com/emqx/emqx/pull/12241) Fixed a bug where configuring additional HTTP headers for S3 API interactions disrupted file transfers using the S3 storage backend, ensuring stable and uninterrupted file transfer operations.
+
+- [#12246](https://github.com/emqx/emqx/pull/12246) Stopped exposing port 11883 by default in Docker and removed it from Helm charts, as this port is no longer in use. 
+
+- [#12249](https://github.com/emqx/emqx/pull/12249) Fixed an issue in the `/configs` API where attempting to modify a read-only configuration value resulted in a garbled response message.
+
+- [#12250](https://github.com/emqx/emqx/pull/12250) Resolved an issue where the `file_transfer` configuration's `secret_access_key` value was erroneously being updated to masked stars (`*****`), ensuring that the original key value remains unaltered and secure.
+
+- [#12256](https://github.com/emqx/emqx/pull/12256) Fixed an issue that prevented establishing connections to MySQL resources without a password.
diff --git a/changes/v5.4.1.en.md b/changes/v5.4.1.en.md
new file mode 100644
index 000000000..beb4c822a
--- /dev/null
+++ b/changes/v5.4.1.en.md
@@ -0,0 +1,13 @@
+# v5.4.1
+
+## Bug Fixes
+
+- [#12234](https://github.com/emqx/emqx/pull/12234) Resolved compatibility issues with Open Telemetry configurations defined in `emqx.conf` from versions before EMQX 5.4.0, ensuring smooth integration of legacy configurations with the latest EMQX release.
+
+- [#12236](https://github.com/emqx/emqx/pull/12236) Fixed client ID generation in MQTT broker data integration to comply with MQTT 3.1 specification of 23-byte limit. Client ID is now prefixed with user-assigned connector name, followed by the first 8 bytes of node name's SHA hash and pool member ID. If the resulting ID exceeds 23 bytes, additional SHA hash and truncation are applied to ensure compliance.
+
+- [#12238](https://github.com/emqx/emqx/pull/12238) Resolved compatibility issue with the error format configurations introduced in the HTTP Action feature of EMQX version 5.3.2.
+
+- [#12246](https://github.com/emqx/emqx/pull/12246) Stopped exposing port 11883 by default in Docker and removed it from Helm charts, as this port is no longer in use. 
+
+- [#12249](https://github.com/emqx/emqx/pull/12249) Fixed an issue in the `/configs` API where attempting to modify a read-only configuration value resulted in a garbled response message.
diff --git a/deploy/charts/emqx-enterprise/Chart.yaml b/deploy/charts/emqx-enterprise/Chart.yaml
index d774147ca..5f4dc4cdc 100644
--- a/deploy/charts/emqx-enterprise/Chart.yaml
+++ b/deploy/charts/emqx-enterprise/Chart.yaml
@@ -14,8 +14,8 @@ type: application
 
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
-version: 5.4.1-alpha.1
+version: 5.4.1
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application.
-appVersion: 5.4.1-alpha.1
+appVersion: 5.4.1
diff --git a/deploy/charts/emqx/Chart.yaml b/deploy/charts/emqx/Chart.yaml
index f88333572..c95573c0a 100644
--- a/deploy/charts/emqx/Chart.yaml
+++ b/deploy/charts/emqx/Chart.yaml
@@ -14,8 +14,8 @@ type: application
 
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
-version: 5.4.1-alpha.1
+version: 5.4.1
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application.
-appVersion: 5.4.1-alpha.1
+appVersion: 5.4.1