Min Hee Jin Expresses Hope of Reconciliation With HYBE: ‘Let’s Stop Fighting’

During her press conference, Min Hee Jin expressed her hopes to reconcile with HYBE following their messy legal battle.

During a press conference held on the afternoon of May 31, 2024, at the Korea Press Center in Seoul to discuss the ADOR emergency shareholder meeting, Min Hee Jin left a message for HYBE.

In her statement, she expressed her hopes of reconciling with HYBE, stating, "I hope HYBE acknowledges that NewJeans and I have faithfully and smoothly executed everything we planned. I hope that HYBE will listen to my side and that we can find a middle ground."

The CEO stated that she often wondered why they were fighting during the dispute, noting how exhausting it was to constantly drag each other down.

She stated, "I often wonder for whom and for what we are fighting in this dispute. Are we not exhausted from constantly criticizing and disparaging each other? The cause and factuality of issues cannot be adequately expressed in just a few words or articles. Human relationships are complex and difficult, so they cannot be expressed simply."

Min Hee Jin expressed her hopes to move together with HYBE in a way that is beneficial for everyone, while still adhering to the company's vision. She hopes that they can put aside any personal feelings and work together for the collective benefit of everyone involved.

She states, "There's no need to discuss everything publicly. We should think open-mindedly about what is more beneficial and find a direction that is good for everyone. A corporation should be an organization that moves together for the benefit of its shareholders and the vision of the business. We need to speak constructively for everyone's sake and change the framework. We should reconsider our actions by setting aside personal feelings and moving for everyone's benefit. That is the proper mindset of a manager and the right thing to do as a human."

The ADOR CEO stated she is not doing this for her own gain but for everyone involved. She acknowledges that both sides have been emotionally hurt, and expressed her desire to end the suffering and move on to the next chapter with HYBE.

She says, "I am not interested in personal gain. I would like to continue with the plans I have made with NewJeans, which is beneficial for everyone. Who would benefit if I step down and NewJeans has to take a hiatus due to organizational restructuring? Let's think about this logically. Both sides have been emotionally hurt. Since we've both suffered enough, let's end this now. Let's move on to the next chapter that benefits everyone."

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Written by Alexa Lopez