diff --git a/mingw-w64-python-cvxopt/PKGBUILD b/mingw-w64-python-cvxopt/PKGBUILD
index 80a6880cc6..7dfc12c3b1 100644
--- a/mingw-w64-python-cvxopt/PKGBUILD
+++ b/mingw-w64-python-cvxopt/PKGBUILD
@@ -6,29 +6,36 @@ pkgname=("${MINGW_PACKAGE_PREFIX}-python-${_realname}")
 provides=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
 conflicts=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
 replaces=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
-pkgver=1.3.0
-pkgrel=5
+pkgver=1.3.1
+pkgrel=1
 pkgdesc="Convex optimization based on the Python programming language (mingw-w64)"
 arch=('any')
-mingw_arch=('mingw32' 'mingw64' 'ucrt64' 'clang64' 'clangarm64' 'clang32')
+mingw_arch=('mingw64' 'ucrt64' 'clang64' 'clangarm64')
 url='https://cvxopt.org/'
 license=('spdx:GPL-3.0-or-later')
-validpgpkeys=('gpg_KEY')
-makedepends=("${MINGW_PACKAGE_PREFIX}-python-setuptools" "${MINGW_PACKAGE_PREFIX}-cc")
+makedepends=("${MINGW_PACKAGE_PREFIX}-python-build"
+             "${MINGW_PACKAGE_PREFIX}-python-installer"
+             "${MINGW_PACKAGE_PREFIX}-python-setuptools"
+             "${MINGW_PACKAGE_PREFIX}-python-setuptools-scm"
+             "${MINGW_PACKAGE_PREFIX}-python-wheel"
+             "${MINGW_PACKAGE_PREFIX}-cc")
 depends=("${MINGW_PACKAGE_PREFIX}-python"
          "${MINGW_PACKAGE_PREFIX}-openblas"
-         $([[ ${MSYSTEM} == *32 ]] && echo "${MINGW_PACKAGE_PREFIX}-suitesparse5" || echo "${MINGW_PACKAGE_PREFIX}-suitesparse")
+         "${MINGW_PACKAGE_PREFIX}-suitesparse"
          "${MINGW_PACKAGE_PREFIX}-gsl"
          "${MINGW_PACKAGE_PREFIX}-fftw"
          "${MINGW_PACKAGE_PREFIX}-dsdp"
          "${MINGW_PACKAGE_PREFIX}-glpk")
-source=("https://github.com/cvxopt/cvxopt/archive/${pkgver}.tar.gz")
-sha256sums=('7aac94a116b7142a5f362e567c4b6c3b7c67b04b4a6a2a3c3b90b4c9f0ac74e1')
+source=("https://pypi.org/packages/source/${_realname::1}/${_realname}/${_realname/-/_}-${pkgver}.tar.gz")
+sha256sums=('8d567981cbfa2a4ba1667b3e6f73cb941cf1c6992bf1438911035963294aa498')
 
 prepare() {
   cd "${srcdir}"
-  [[ -d "python-build-${MSYSTEM}" ]] && rm -rf "python-build-${MSYSTEM}"
+  rm -rf python-build-${MSYSTEM} | true
   cp -r "${_realname}-${pkgver}" "python-build-${MSYSTEM}"
+
+  # Set version for setuptools_scm
+  export SETUPTOOLS_SCM_PRETEND_VERSION=${pkgver}
 }
 
 build() {
@@ -50,20 +57,20 @@ build() {
   CVXOPT_DSDP_INC_DIR=${MINGW_PREFIX}/include/dsdp    \
   CVXOPT_SUITESPARSE_LIB_DIR=${MINGW_PREFIX}/lib      \
   CVXOPT_SUITESPARSE_INC_DIR=${MINGW_PREFIX}/include  \
-    ${MINGW_PREFIX}/bin/python3 setup.py build
+    ${MINGW_PREFIX}/bin/python -m build --wheel --skip-dependency-check --no-isolation
 }
 
 check() {
   cd "${srcdir}/python-build-${MSYSTEM}"
-  ${MINGW_PREFIX}/bin/python setup.py check
+  ${MINGW_PREFIX}/bin/python -m pytest
 }
 
 package() {
   cd "${srcdir}/python-build-${MSYSTEM}"
 
-  MSYS2_ARG_CONV_EXCL="--prefix=;--install-scripts=;--install-platlib=" \
-  ${MINGW_PREFIX}/bin/python setup.py install --prefix=${MINGW_PREFIX} \
-    --root="${pkgdir}" --optimize=1 --skip-build
+  MSYS2_ARG_CONV_EXCL="--prefix=" \
+    ${MINGW_PREFIX}/bin/python -m installer --prefix=${MINGW_PREFIX} \
+    --destdir="${pkgdir}" dist/*.whl
 
   install -Dm644 LICENSE "${pkgdir}${MINGW_PREFIX}/share/licenses/python-${_realname}/COPYING"
 }