Woollim Entertainment has announced that the exclusive contracts of five Golden Child members — Lee Da Yeol, Y, Bae Seung Min, Bong Jae Hyun, and Kim Dong Hyun — will officially end on December 31, 2024. After thoughtful discussions, the agency and the members have mutually agreed to part ways, marking the end of their exclusive relationship.

Since their debut in 2017, Golden Child has been known for their dynamic performances, impressive vocal abilities, and diverse musical styles. Throughout the years, they have earned the support of fans both in South Korea and internationally, releasing multiple albums and chart-topping singles.

"Hello, this is Woollim Entertainment.

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

As of December 31, the exclusive contracts of Golden Child members Lee Da Yeol, Y, Bae Seung Min, Bong Jae Hyun, and Kim Dong Hyun will come to an end. We have had extensive discussions with each member regarding their individual futures and career directions, and after much thoughtful conversation, we have mutually agreed to conclude their exclusive contracts.

We would like to take this opportunity to thank Golden Child for their dedicated and sincere efforts in presenting a variety of music since their debut in 2017. We sincerely wish all the members success in their future endeavors. We would also like to extend our deepest gratitude to the fans who have always been by Golden Child’s side.

As the members embark on new journeys, we ask for your continued love and support for them. Thank you."

In their statement, Woollim Entertainment expressed deep gratitude for the members' dedication and hard work, acknowledging their contribution to the group’s success. The agency also extended heartfelt thanks to Golden Child’s loyal fans for their continuous support over the years.

As the members embark on individual journeys, Woollim Entertainment encouraged fans to continue supporting them in their future endeavors, and promised to keep cheering them on as they take the next steps in their careers.

SEE ALSO: K-netizens react to Woollim Entertainment ending exclusive contracts with Golden Child and Rocket Punch