diff --git a/Makefile b/Makefile
index 6e13aa1364..6564c4247b 100644
--- a/Makefile
+++ b/Makefile
@@ -113,7 +113,7 @@ dev: prerequisite all
 
 # Check lint with black.
 black:
-	black . -l 120 --check --diff
+	black . -l 120 --check --diff --exclude qlib/_version.py
 
 # Check code folder with pylint.
 # TODO: These problems we will solve in the future. Important among them are: W0221, W0223, W0237, E1102
diff --git a/pyproject.toml b/pyproject.toml
index fe48d090c0..d8d8c833b8 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -117,3 +117,4 @@ qrun = "qlib.cli.run:run"
 [tool.setuptools_scm]
 local_scheme = "no-local-version"
 version_scheme = "guess-next-dev"
+write_to = "qlib/_version.py"
diff --git a/qlib/__init__.py b/qlib/__init__.py
index 687e317ced..b43dd6fc42 100644
--- a/qlib/__init__.py
+++ b/qlib/__init__.py
@@ -4,7 +4,10 @@
 
 from setuptools_scm import get_version
 
-__version__ = get_version(root="..", relative_to=__file__)
+try:
+    from ._version import version as __version__
+except ImportError:
+    __version__ = get_version(root="..", relative_to=__file__)
 __version__bak = __version__  # This version is backup for QlibConfig.reset_qlib_version
 import logging
 import os
diff --git a/setup.py b/setup.py
index 326dac8ed0..d7a8fc5fdf 100644
--- a/setup.py
+++ b/setup.py
@@ -2,22 +2,12 @@
 
 import numpy
 from setuptools import Extension, setup
-from setuptools_scm import get_version
-
-
-def read(rel_path: str) -> str:
-    here = os.path.abspath(os.path.dirname(__file__))
-    with open(os.path.join(here, rel_path), encoding="utf-8") as fp:
-        return fp.read()
 
 
 NUMPY_INCLUDE = numpy.get_include()
 
 
-VERSION = get_version(root=".", relative_to=__file__)
-
 setup(
-    version=VERSION,
     ext_modules=[
         Extension(
             "qlib.data._libs.rolling",