diff --git a/VERSION b/VERSION
index cd74ac3b53b..a5effa30345 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.11.0
+v1.12.0
diff --git a/dist/images/install.sh b/dist/images/install.sh
index d2eab8151c1..1de0652aca5 100755
--- a/dist/images/install.sh
+++ b/dist/images/install.sh
@@ -34,7 +34,7 @@ CNI_CONF_DIR="/etc/cni/net.d"
 CNI_BIN_DIR="/opt/cni/bin"
 
 REGISTRY="kubeovn"
-VERSION="v1.11.0"
+VERSION="v1.12.0"
 IMAGE_PULL_POLICY="IfNotPresent"
 POD_CIDR="10.16.0.0/16"                # Do NOT overlap with NODE/SVC/JOIN CIDR
 POD_GATEWAY="10.16.0.1"