"Chairman Bang Si-hyuk, let's meet at the venue of creation, not at the court."" Specialized in Min Heejin's press conference

*This content was translated by AI.

• "Let's end the adult fight here, let's save the artist"..Min Hee-jin proposes to 'commit to creation' to Hive, laying down 25.6 billion won in winning

Former ADOR representative and current OK Recoz representative Min Hee-jin suggested to Chairman Hive Bang Si-hyuk to meet at the venue of creation, not in court. CEO Min also said he would put down 25.6 billion won, which is the price for winning Hive.

On the afternoon of the 25th, CEO Min held a press conference at Kyowon Challenge Hall in Jongno-gu, Seoul on the results and future plans of winning the first trial of a lawsuit to confirm the termination of the shareholder's contract and the purchase of 25.5 billion won worth of put options with Hive.

Hello, I'm Min Heejin.

First of all, I would like to express my deep respect and gratitude to the court for examining the nature of the case over the past long period and confirming it clearly with the ruling.

It's been a really long tunnel, from winning the provisional injunction in 2024 to the police non-return in 2025 to winning the first trial in 2026.

The court revealed that the stimulating frame of "stealing management control" and "tamping" is an illusion and acknowledged that the problem consciousness of creative ethics I raised was the management judgment I deserved as a representative of a company.

The results of this lawsuit were like a consolation for me to wash away the wounds of the past two years. In the process, I feel a sense of debt for the fatigue I unintentionally gave to the public.

Now I want to pay off that debt with a new vision of K-pop.

The reason I'm here today is to tell you that I've decided to exchange the 25.6 billion won I'm going to get in exchange for another value.

25.6 billion won is a huge amount that most people cannot afford even for a lifetime. And it's a very precious fund for me, who just announced a new start. But it's worth much more than this huge amount of money, so I'm holding this press conference to make a meaningful offer to Hive.

Among all the reasons I made this decision, the most urgent reason is because of the 'NewJeans' members.

Instead of me putting down 25.6 billion won, I suggest you immediately stop all ongoing civil and criminal lawsuits and close all disputes. The proposal includes not only me, but also NewJeans members, outsourced partners, and employees from all over the ADOR, but also all complaints and accusations against fandom hurt by being caught up in the fight.

Only when all these litigation disputes are over will there be no further indiscriminate noise, not only from artists, but also from their families and fandom.

I can no longer watch the reality that the five members who should be happily on stage have to stand on stage with someone on stage and someone on court. The members on the stage will also suffer, and no one, not just the fans watching it, will be able to see this situation happily. And with such a torn mind, you can never create a good culture.

As I've said many times, I have more value than money. Now that my sincerity has been confirmed, I want to show you that the world is worth more than money.

We hope that this decision to exchange a large amount of 25.6 billion won for other values will be sublimated into the overall development and harmony of the K-pop industry.

Where Hive and I should be is not a courtroom, but a stage of creation.

I had a creative vision that I had when I launched NewJeans. I'm so sorry that I couldn't finish it all, but that's why I ask the current ADOR to make his promise to be good to him when the NewJeans returns to the court become a reality.

Please create an environment where all five members of the NewJeans can gather and fulfill their dreams freely. Paving the way for artists to shine again, that would be the only role for adults to play.

To me, 25.6 billion won is no greater than the value of regaining the healthy ecosystem of K-pop and the peaceful daily life of artists.

Now, I hope we all do our best in our own ways so that we can present a better stage to our fans.

I suggest that we adults go back to their natural self, where they compete with music on stage, not in court. The longer this dispute goes on, the more damaging it is the artists who are the main characters of this industry.

Hive and Chairman Bang Si-hyuk. Now let's meet in the place of creation, not in court. In an era when corporate responsibilities have become severe, such as the revision of the commercial law in July 2025, resolving risks in the enterprise industry and choosing harmony will be the smartest management decision for shareholders and fans.

Now I want to take the label 'Former ADOR Representative' and take a new path as 'Okay Records Representative'. From now on, I will devote all my energy to fostering new artists and new directional businesses that will represent the K-pop industry.

I would like to thank the media officials who came to my press conference even when you were busy. I hope there will be no more consumptive press conferences after today.

Now I'm going to meet you not in a press conference, not in a courtroom, but on a creative stage. And now I will focus on the creativity that I do best. I hope my true feelings will be conveyed today, and it will be a turning point for the entire K-pop industry to breathe healthily again.

Today, the KOSPI surpassed 6,000. I hope Hive will consider forward-looking proposals that can coexist with each other.

Thank you.

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*This content was translated by AI.