diff --git a/README.md b/README.md
index 31adb9a0..853a2bd0 100644
--- a/README.md
+++ b/README.md
@@ -52,7 +52,7 @@ Please use the following recommended versions to get started quickly:
 
 | Version    | Release type | Doc                                  |
 |------------|--------------|--------------------------------------|
-|v0.11.0rc2|Latest release candidate|[QuickStart](https://vllm-ascend.readthedocs.io/en/latest/quick_start.html) and [Installation](https://vllm-ascend.readthedocs.io/en/latest/installation.html) for more details|
+|v0.11.0rc3|Latest release candidate|[QuickStart](https://vllm-ascend.readthedocs.io/en/latest/quick_start.html) and [Installation](https://vllm-ascend.readthedocs.io/en/latest/installation.html) for more details|
 |v0.9.1|Latest stable version|[QuickStart](https://vllm-ascend.readthedocs.io/en/v0.9.1-dev/quick_start.html) and [Installation](https://vllm-ascend.readthedocs.io/en/v0.9.1-dev/installation.html) for more details|
 
 ## Contributing
diff --git a/README.zh.md b/README.zh.md
index 58d669bd..5baf1b4b 100644
--- a/README.zh.md
+++ b/README.zh.md
@@ -53,7 +53,7 @@ vLLM 昇腾插件 (`vllm-ascend`) 是一个由社区维护的让vLLM在Ascend NP
 
 | Version    | Release type | Doc                                  |
 |------------|--------------|--------------------------------------|
-|v0.11.0rc2| 最新RC版本 |请查看[快速开始](https://vllm-ascend.readthedocs.io/en/latest/quick_start.html)和[安装指南](https://vllm-ascend.readthedocs.io/en/latest/installation.html)了解更多|
+|v0.11.0rc3| 最新RC版本 |请查看[快速开始](https://vllm-ascend.readthedocs.io/en/latest/quick_start.html)和[安装指南](https://vllm-ascend.readthedocs.io/en/latest/installation.html)了解更多|
 |v0.9.1| 最新正式/稳定版本 |[快速开始](https://vllm-ascend.readthedocs.io/en/v0.9.1-dev/quick_start.html) and [安装指南](https://vllm-ascend.readthedocs.io/en/v0.9.1-dev/installation.html)了解更多|
 
 ## 贡献
diff --git a/docs/source/community/versioning_policy.md b/docs/source/community/versioning_policy.md
index 324cdacd..dcbab2c8 100644
--- a/docs/source/community/versioning_policy.md
+++ b/docs/source/community/versioning_policy.md
@@ -22,6 +22,7 @@ The table below is the release compatibility matrix for vLLM Ascend release.
 
 | vLLM Ascend | vLLM         | Python           | Stable CANN | PyTorch/torch_npu  | MindIE Turbo |
 |-------------|--------------|------------------|-------------|--------------------|--------------|
+| v0.11.0rc3  | v0.11.0      | >= 3.9, < 3.12   | 8.3.RC2     | 2.7.1 / 2.7.1.post1            |              |
 | v0.11.0rc2  | v0.11.0      | >= 3.9, < 3.12   | 8.3.RC2     | 2.7.1 / 2.7.1            |              |
 | v0.11.0rc1  | v0.11.0      | >= 3.9, < 3.12   | 8.3.RC1     | 2.7.1 / 2.7.1            |              |
 | v0.11.0rc0  | v0.11.0rc3      | >= 3.9, < 3.12   | 8.2.RC1     | 2.7.1 / 2.7.1.dev20250724            |              |
@@ -51,6 +52,7 @@ For main branch of vLLM Ascend, we usually make it compatible with the latest vL
 
 | Date       | Event                                     |
 |------------|-------------------------------------------|
+| 2025.12.03 | Release candidates, v0.11.0rc3            |
 | 2025.11.21 | Release candidates, v0.11.0rc2            |
 | 2025.11.10 | Release candidates, v0.11.0rc1            |
 | 2025.09.30 | Release candidates, v0.11.0rc0            |
diff --git a/docs/source/conf.py b/docs/source/conf.py
index f6b5d44f..a0c1823c 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -69,10 +69,10 @@ myst_substitutions = {
     # the branch of vllm-ascend, used in vllm-ascend clone and image tag
     # - main branch: 'main'
     # - vX.Y.Z branch: latest vllm-ascend release tag
-    'vllm_ascend_version': 'v0.11.0rc2',
+    'vllm_ascend_version': 'v0.11.0rc3',
     # the newest release version of vllm-ascend and matched vLLM, used in pip install.
     # This value should be updated when cut down release.
-    'pip_vllm_ascend_version': "0.11.0rc2",
+    'pip_vllm_ascend_version': "0.11.0rc3",
     'pip_vllm_version': "0.11.0",
     # CANN image tag
     'cann_image_tag': "8.3.rc2-910b-ubuntu22.04-py3.11",
diff --git a/docs/source/faqs.md b/docs/source/faqs.md
index 17caea8e..95f30238 100644
--- a/docs/source/faqs.md
+++ b/docs/source/faqs.md
@@ -3,7 +3,7 @@
 ## Version Specific FAQs
 
 - [[v0.9.1] FAQ & Feedback](https://github.com/vllm-project/vllm-ascend/issues/2643)
-- [[v0.11.0rc2] FAQ & Feedback](https://github.com/vllm-project/vllm-ascend/issues/4343)
+- [[v0.11.0rc3] FAQ & Feedback](https://github.com/vllm-project/vllm-ascend/issues/4642)
 
 ## General FAQs
 
diff --git a/docs/source/user_guide/release_notes.md b/docs/source/user_guide/release_notes.md
index 4c0c0511..6ae48db7 100644
--- a/docs/source/user_guide/release_notes.md
+++ b/docs/source/user_guide/release_notes.md
@@ -1,5 +1,21 @@
 # Release Notes
 
+## v0.11.0rc2 - 2025.12.03
+This is the third release candidate of v0.11.0 for vLLM Ascend. For quality reasons, we released a new rc before the official release. Thanks for all your feedback. Please follow the [official doc](https://vllm-ascend.readthedocs.io/en/v0.11.0-dev) to get started.
+
+### Highlights
+- torch-npu is upgraded to 2.7.1.post1. Please note that the package is pushed to [pypi mirror](https://mirrors.huaweicloud.com/ascend/repos/pypi/torch-npu/). So it's hard to add it to auto dependence. Please install it by yourself.
+- Disable NZ weight loader to speed up dense model. Please note that this is a temporary solution. If you find the performance becomes bad, please let us know. We'll keep improving it. [#4495](https://github.com/vllm-project/vllm-ascend/pull/4495)
+- mooncake is installed in official docker image now. You can use it directly in container now. [#4506](https://github.com/vllm-project/vllm-ascend/pull/4506)
+
+### Other
+- Fix an OOM issue for moe models. [#4367](https://github.com/vllm-project/vllm-ascend/pull/4367)
+- Fix hang issue of multimodal model when running with DP>1 [#4393](https://github.com/vllm-project/vllm-ascend/pull/4393)
+- Fix some bugs for EPLB [#4416](https://github.com/vllm-project/vllm-ascend/pull/4416)
+- Fix bug for mtp>1 + lm_head_tp>1 case [#4360](https://github.com/vllm-project/vllm-ascend/pull/4360)
+- Fix a accuracy issue when running vLLM serve for long time. [#4117](https://github.com/vllm-project/vllm-ascend/pull/4117)
+- Fix a function bug when running qwen2.5 vl under high concurrency. [#4553](https://github.com/vllm-project/vllm-ascend/pull/4553)
+
 ## v0.11.0rc2 - 2025.11.21
 This is the second release candidate of v0.11.0 for vLLM Ascend. In this release, we solved many bugs to improve the quality. Thanks for all your feedback. We'll keep working on bug fix and performance improvement. The v0.11.0 official release will come soon. Please follow the [official doc](https://vllm-ascend.readthedocs.io/en/v0.11.0-dev) to get started.