WM Entertainment has released an official statement regarding the B1A4 members' contract renewals with the label.
On June 30, WM stated,
"Hello, this is WM Entertainment.
We notify that we have terminated our contract with B1A4's Jinyoung and Baro, whom we have been with since 2011, as of June 30, 2018. We at WM Entertainment decided to respect the wishes of Jinyoung and Baro, who after a long discussion expressed their hopes to walk on their own paths in order to fulfill their dreams. We also offer our sincere encouragements toward these members, in their decision to start anew in their respective places.
B1A4's CNU, Sandeul, and Gongchan have completed their renewal with us with affection and loyalty as the reason for renewal.
As a result, we will pour our attention into revising B1A4, discussing the group's future promotions with the members seriously before arriving at a decision. We also plan on putting in our best effort to contribute to CNU, Sandeul, and Gongchan's growths without holding back. We will also work hard for fans of B1A4, who love and cheer on the group.
We apologize to the fans for causing worry and concern, and we also ask for your unchanging love and warmth toward B1A4. Thank you."
It seems that as previously reported, B1A4 members Jinyoung and Baro will be leaving WM Entertainment, while CNU, Sandeul, and Gongchan have chosen to remain. Best of luck to everyone on their respective paths!