diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4f87ca03b50..d08f41e05f4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,19 @@
+# [3.4.0-rc.2](https://github.com/vuejs/core/compare/v3.4.0-rc.1...v3.4.0-rc.2) (2023-12-26)
+
+
+### Bug Fixes
+
+* **deps:** update dependency @vue/repl to ^3.1.0 ([#9911](https://github.com/vuejs/core/issues/9911)) ([f96c413](https://github.com/vuejs/core/commit/f96c413e8ef2f24cacda5bb499492922f62c6e8b))
+* **types:** fix distribution of union types when unwrapping setup bindings ([#9909](https://github.com/vuejs/core/issues/9909)) ([0695c69](https://github.com/vuejs/core/commit/0695c69e0dfaf99882a623fe75b433c9618ea648)), closes [#9903](https://github.com/vuejs/core/issues/9903)
+* **warning:** ensure prod hydration warnings actually work ([b4ebe7a](https://github.com/vuejs/core/commit/b4ebe7ae8b904f28cdda33caf87bc05718d3a08a))
+
+
+### Features
+
+* **compiler-sfc:** export aggregated error messages for compiler-core and compiler-dom ([25c726e](https://github.com/vuejs/core/commit/25c726eca81fc384b41fafbeba5e8dfcda1f030f))
+
+
+
 # [3.4.0-rc.1](https://github.com/vuejs/core/compare/v3.4.0-beta.4...v3.4.0-rc.1) (2023-12-25)
 
 
diff --git a/package.json b/package.json
index 7c5e14746e8..0030ef94429 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "private": true,
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "packageManager": "pnpm@8.12.1",
   "type": "module",
   "scripts": {
diff --git a/packages/compiler-core/package.json b/packages/compiler-core/package.json
index 2e776d80500..590f4f08a3c 100644
--- a/packages/compiler-core/package.json
+++ b/packages/compiler-core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-core",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/compiler-core",
   "main": "index.js",
   "module": "dist/compiler-core.esm-bundler.js",
diff --git a/packages/compiler-dom/package.json b/packages/compiler-dom/package.json
index 0609bae175e..263453ad7eb 100644
--- a/packages/compiler-dom/package.json
+++ b/packages/compiler-dom/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-dom",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/compiler-dom",
   "main": "index.js",
   "module": "dist/compiler-dom.esm-bundler.js",
diff --git a/packages/compiler-sfc/package.json b/packages/compiler-sfc/package.json
index 10c4d56ab3a..0475818f039 100644
--- a/packages/compiler-sfc/package.json
+++ b/packages/compiler-sfc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-sfc",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/compiler-sfc",
   "main": "dist/compiler-sfc.cjs.js",
   "module": "dist/compiler-sfc.esm-browser.js",
diff --git a/packages/compiler-ssr/package.json b/packages/compiler-ssr/package.json
index 58177dcbf1b..c97ba8768ce 100644
--- a/packages/compiler-ssr/package.json
+++ b/packages/compiler-ssr/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-ssr",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/compiler-ssr",
   "main": "dist/compiler-ssr.cjs.js",
   "types": "dist/compiler-ssr.d.ts",
diff --git a/packages/reactivity/package.json b/packages/reactivity/package.json
index 8aaa6f4fe59..c2f383141dd 100644
--- a/packages/reactivity/package.json
+++ b/packages/reactivity/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/reactivity",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/reactivity",
   "main": "index.js",
   "module": "dist/reactivity.esm-bundler.js",
diff --git a/packages/runtime-core/package.json b/packages/runtime-core/package.json
index e89ffe3df62..153c136844d 100644
--- a/packages/runtime-core/package.json
+++ b/packages/runtime-core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/runtime-core",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/runtime-core",
   "main": "index.js",
   "module": "dist/runtime-core.esm-bundler.js",
diff --git a/packages/runtime-dom/package.json b/packages/runtime-dom/package.json
index ddeb1add8fe..0f4a673731c 100644
--- a/packages/runtime-dom/package.json
+++ b/packages/runtime-dom/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/runtime-dom",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/runtime-dom",
   "main": "index.js",
   "module": "dist/runtime-dom.esm-bundler.js",
diff --git a/packages/server-renderer/package.json b/packages/server-renderer/package.json
index 284a980b521..e7af1de4b8f 100644
--- a/packages/server-renderer/package.json
+++ b/packages/server-renderer/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/server-renderer",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "@vue/server-renderer",
   "main": "index.js",
   "module": "dist/server-renderer.esm-bundler.js",
diff --git a/packages/shared/package.json b/packages/shared/package.json
index ad2ddd0b744..ae0007bd215 100644
--- a/packages/shared/package.json
+++ b/packages/shared/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/shared",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "internal utils shared across @vue packages",
   "main": "index.js",
   "module": "dist/shared.esm-bundler.js",
diff --git a/packages/vue-compat/package.json b/packages/vue-compat/package.json
index ef3729aa013..03df0bdd34f 100644
--- a/packages/vue-compat/package.json
+++ b/packages/vue-compat/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compat",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "Vue 3 compatibility build for Vue 2",
   "main": "index.js",
   "module": "dist/vue.runtime.esm-bundler.js",
diff --git a/packages/vue/package.json b/packages/vue/package.json
index 48c7dcdef17..5231fccceb3 100644
--- a/packages/vue/package.json
+++ b/packages/vue/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vue",
-  "version": "3.4.0-rc.1",
+  "version": "3.4.0-rc.2",
   "description": "The progressive JavaScript framework for building modern web UI.",
   "main": "index.js",
   "module": "dist/vue.runtime.esm-bundler.js",