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They said, "Because of that controversy as well as others, we amicably canceled our contract with Jeong Joong Ji with agreement from both sides back in early May. Even though that was the case, Jeong Joong Ji wrote something completely false on his SNS, and greatly damaged our label's character. We will be taking strict action on spreading false information and defamation of character. We apologize to everyone who had been worried by this situation."