Golden Child's Daeyeol, Y, Seungmin, Jaehyun, And Donghyun Leave Woollim Entertainment

Daeyeol, Y, Seungmin, Jaehyun, and Donghyun will be parting ways with Woollim Entertainment.

On December 27, Golden Child’s agency Woollim Entertainment released the following statement:

Hello.
This is Woollim Entertainment.

First of all, we would like to express our sincere gratitude to all the fans who have consistently supported and loved Golden Child.

The exclusive contracts of Golden Child members Lee Daeyeol, Y, Bae Seungmin, Bong Jaehyun, and Kim Donghyun will come to an end on December 31. We have had extensive and thoughtful discussions with the members of Golden Child about their future and the direction of their activities. After much in-depth dialogue, we have mutually agreed to conclude their exclusive contracts.

We would like to extend our heartfelt gratitude to Golden Child, who has been dedicated and hard-working since 2017 to present a variety of music to their fans. We sincerely wish the members of Golden Child the very best throughout the future. We also would like to thank our fans for their unwavering support for Golden Child.

We kindly ask for your continued love and encouragement for the members of Golden Child as they take their first steps into the future.

Thank you.

Previously on August 27, Woollim Entertainment announced the departure of Bomin, TAG, and Jibeom from both Golden Child and the agency following the expiration of their contracts. At that time, the agency also shared that Lee Jangjun, Bae Seungmin, Bong Jaehyun, Kim Donghyun, and Hong Joochan had renewed their contracts. However, with today’s announcement, only Jangjun and Joochan remain under Woollim Entertainment.

We extend our heartfelt wishes for Golden Child’s members’ continued success in all future endeavors!

Source (1)