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| Min Hee-jin, former CEO of ADOR, is seen in this undated photo. / Source: ADOR |
One year after their exclusive contract dispute, NewJeans are set to return as a complete five-member group.
On the news of the group’s full comeback under ADOR, HYBE shares jumped 4.47 percent.
Min Hee-jin, former CEO of ADOR, expressed her support for NewJeans’ decision to return to the label.
Min said on Thursday, “The members’ decision to come back together will have been made after deep reflection and many conversations,” adding, “I respect and support that choice.”
On Nov. 12, NewJeans first announced that Hyein and Haerin would return to ADOR, followed by Minji, Hanni and Danielle, who said they had “carefully discussed the matter and decided to come back,” confirming that all five members intend to rejoin the agency. This comes a year after they declared the termination of their exclusive contracts.
Following Min’s dismissal in August last year, NewJeans clashed with ADOR and consistently called for her reinstatement. In November of the same year, they escalated the conflict into a legal battle by seeking to terminate their contracts.
Min said, “I can make a fresh start anywhere, but NewJeans must be preserved intact as five,” adding, “I hope the members grow into an even better NewJeans, and above all, that they are happy.”
She went on to say, “I am grateful to the fans who protected NewJeans through such a difficult time, and I ask you to welcome the returning members warmly.”
Meanwhile, after the news that all NewJeans members would be returning, HYBE’s share price closed at 304,000 won on the main bourse, up 4.47 percent from the previous session.
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