diff --git a/charts/values.yaml b/charts/values.yaml
index de22f028453..b25e8ebfbe2 100644
--- a/charts/values.yaml
+++ b/charts/values.yaml
@@ -10,7 +10,7 @@ global:
       repository: kube-ovn
       dpdkRepository: kube-ovn-dpdk
       vpcRepository: vpc-nat-gateway
-      tag: v1.12.3
+      tag: v1.12.4
       support_arm: true
       thirdparty: true
 
diff --git a/dist/images/install.sh b/dist/images/install.sh
index b9b2eac7cac..e4d4d625cc9 100755
--- a/dist/images/install.sh
+++ b/dist/images/install.sh
@@ -47,7 +47,7 @@ CNI_BIN_DIR="/opt/cni/bin"
 
 REGISTRY="docker.io/kubeovn"
 VPC_NAT_IMAGE="vpc-nat-gateway"
-VERSION="v1.12.3"
+VERSION="v1.12.4"
 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"