Min Hee-jin, First Personal Statement after Press Conference,
Min Hee-jin, CEO of Udore – Min Hee-jin, CEO of Udore, is giving a statement at a press conference on April 25 in Gangnam-gu, Seoul. 2024.4.25 Yonhap News, ‘Regarding the ongoing legal dispute regarding ‘takeover suspicion’ with Hive, Min Hee-jin, CEO of Udore, refuted, “The meeting with Naver and Doonamu officials was in a personal context unrelated to investment,” and defended herself. On the 19th, Min released a statement after a month since the press conference last month, stating, “I wrote this to minimize misunderstandings and to correct the false facts claimed by Hive in court,” and distributed the statement to the media.’,
,
, “Have those frequenting Room Salons and Temples thanked you?”,
,
, ‘ MobileAdNew center ‘, ‘Min first refuted allegations of meeting with Naver and Doonamu officials.’,
,
, ‘Min stated, “During a dinner with a friend, other acquaintances arrived, leading to meetings with individuals affiliated with Naver and Doonamu.” She said, “It ended as a private gathering unrelated to investment. Contrary to Hive’s grand media blitz, surprisingly, that meeting was all there was.”‘,
,
, ‘Later, Min pointed out, “While discussing with Vice President Udore, a conversation of the nature, ‘If a company that invested in Hive, like Doonamu, were to own Udore, it could benefit both Hive and Udore,’ did take place. However, this is realistically impossible.”‘,
,
, ‘Min criticized, “Even if I met investors, what problem does it pose if the CEO or vice president of a company meets investors? Are those who entertain investors and business partners at room salons and temples thanking you?”‘,
,
, ‘ MobileAdNew center ‘, ‘Regarding the audit initiated by Hive on the 22nd, Min stated, “I wonder why they went to great lengths to conduct an illegal audit at the expense of stock price decline.” She added, “No matter how they insist and force it, they cannot turn non-events into events.”‘,
,
, “If evidence of taking over management is secured, no need for media play”,
,
, ‘Regarding the contents of Min’s KakaoTalk messages made public by Hive, she explained, “I cannot fully explain everything here, and there is no need to do so.” She further clarified, “Unnecessary additional explanations would involve sharing others’ private information and creating further discord.”‘,
,
, ‘Min emphasized her bond with the members by saying, “After the fabricated KakaoTalk conversation attack, New Jins members all sent me messages of comfort. They were not just words of comfort but were filled with love.”‘,
,
, ‘Min requested, “If you care about New Jins even a little, please minimize the members’ involvement in such absurd matters.” She criticized, “Hive has already made the team New Jins uncomfortable.”‘,
,
, ‘Min stated, “If the purpose is truly accountability and evidence of a management takeover is secured, extensive media play is unnecessary.” She emphasized, “Currently, we are in a legal dispute. It is a time to await a judge’s decision based on factual relations.”‘,
Hive, ‘New Jins’ subsidiary audit initiation’ news leads to stock price plunge – K-pop planning agency Hive, amidst initiating audits regarding Udore, the label under which the girl group New Jins is affiliated with Min Hee-jin, CEO of Udore, on the 23rd of last month at the Hive headquarters in Yongsan-gu, Seoul. Hive is known to have abruptly started an audit after claiming that Min Hee-jin, CEO, and others attempted to take over management. This discord impacted Hive’s stock price on the 22nd, dropping by 7.81% compared to the previous trading day. 2024.4.23, ‘Min’s statement on this day is presumed to be a countermeasure against the numerous allegations raised by Hive and others.’,
,
, ‘Previously, Hive had expressed doubt about Min having contact with Naver and Doonamu officials and had suspected whether this was a part of a ‘management takeover plan.”,
,
, ‘Citing management takeover attempts as the reason, Hive had requested Min’s dismissal and other matters at a shareholders’ meeting set for May 31st by the Udore board.’,
,
, ‘With Hive holding an 80% stake in Udore, if the issue is put to vote, the outcome is likely to be in favor. In response, Min filed a preliminary injunction regarding the suspension of voting rights, with the first hearing taking place on the 17th.’,
,
, ‘Min’s preliminary injunction application to the court is expected to be resolved before the Udore temporary shareholders’ meeting scheduled for the 31st.’,
,
, ‘Online, suspicions about Min have spread. On the 17th, the YouTube channel ‘Entertainment President Lee Jin-ho’ posted a video titled ‘Exclusive Shock! We are releasing New Jins data,’ claiming that messages captured, such as “You didn’t rise to fame on your own. What can they understand? Look in the mirror,” and “Kids who can’t lose a single pound and get cursed by elementary kids” were mentioned by Min, targeting specific members.’,
Min Hee-jin, CEO – Min Hee-jin, CEO of Udore, speaking at a press conference at the Korea Conference Center in Seoul’s Seocho-gu on April 25. 2024.4.25, Full Statement by CEO Min Hee-jin,
,
, ‘Hello. I am Min Hee-jin.’,
,
, ‘This is the first time I am writing a personal statement since the press conference.’,
,
, ‘The reason for writing this kind of text without the formal format of an official statement is because the context of the matter I want to clarify is of significant importance that the essence may not be conveyed in the formality of an official statement.’,
,
, ‘I apologize for unintentionally causing confusion by conveying this position to the general public and I am writing this to correct the false facts claimed by Hive in court due to the need to minimize misunderstandings.’,
,
, ‘If you have seen me at the press conference, you may be familiar with my straightforward nature. I will speak without any reservation.’,
,
, ‘Additional honesty is needed in this text as the essence of the matter is far removed from strict, solemn, and serious contents.’,
,
, ‘I have experienced the actual events. The bias “taking serious matters lightly” will be set aside.’,
,
, ‘1.’,
,
, ‘Firstly, I address the matter related to Naver and Doonamu.’,
,
, ‘My acquaintance, Person A, invited me to dinner at 7:30 p.m. on March 24th.’,
,
, ‘A said that their long-time friends would be joining, so I shouldn’t feel uncomfortable, and the acquaintances of A who came were older and comfortable people than me.’,
,
, ‘During the meal, A mentioned that another acquaintance would be coming, and I did not know who it was. Eventually, it turned out to be Doonamu’s Person C, and upon introducing themselves, I learned that they were C from Doonamu. I recalled that C had previously expressed a desire to meet me through Chairperson Bang Shi-hyuk and wanted to meet me because they were interested in New Jins. Amidst this, Naver’s Person B, who has relationships with all attendees, also showed up. Regardless of my will, everyone gathered, and that gathering ended on that day as a private meeting unrelated to investment.’,
,
, ‘Contrary to Hive’s grand media campaign, surprisingly, the meeting with Doonamu’s C was all there was.’,
,
, ‘Why is Hive making false claims without attending such a gathering?’,
,
, ‘C expressed interest in attending the New Jins’ Tokyo Dome concert and conversations with them were short, relating only to the Tokyo Dome performance. Afterward, there were a few exchanges with B about personal concerns. That was all.’,
,
, ‘While heading home after dinner, I mentioned to Vice President L about the individuals I coincidentally met that day. L stated that he was surprised that I had gotten through such distress from Hive despite working within the same Hive. They asked me, “How have you been all this time?” This led to discussions between L and me on how to prevent various forms of harassment I had been experiencing at Udore. However, Hive maliciously manipulated and exploited this conversation by capturing and editing it into something ambitious.’,
,
, ‘Although I felt a glimmer of relief upon hearing this conversation, it was something that was practically unachievable. I have regarded Udore as being similar to ‘Eundedda’ going through subtle and torturous experiences. Whether it can be a sin to imagine wanting to escape from an unavoidable harasser remains questionable.’,
,
, ‘Living in a world that is not about “censoring thoughts,” I can’t help but question why it has become my problem to protect Udore from torment. I would like to see what the executives of Hive are thinking.’,
,
, ‘L, who was unaware that Udore was suffering unnoticed from torment and ostracized within Hive, expressed astonishment upon learning about my difficulties. They asked me, “How have you been all this time?” This led us to discuss ways and responses on how to deal with the various harassments Udore was facing. Just having this conversation does not warrant any abuses from