EXO's Lay has announced that his exclusive contract with SM Entertainment has come to an end via a set of handwritten letters to fans, celebrating the group's 10th debut anniversary.
In his letter, Lay wrote:
"Ten years of growth. Thank you all.
Thank you to my EXO brothers for your company and encouragement.
Thanks to my colleagues at SM for witnessing every step of my growth and achievement.
Thank you to all of my fans for your unconditional love and support.
It's time to say goodbye as an employee of SM.
It's also my new beginning as a 30-year old.
But I will always be the Lay when my members need me.
I'm your family member in China, Zhang Yixing.
Love you forever.
EXO, let's love."
It seems that Lay has decided to part ways with SM Entertainment exactly 10 years after debut.
After Lay's announcement, a representative of SM Entertainment has also spoken up to confirm, "It's true that Lay's exclusive contract has expired. However, the agency is currently discussing various ways to maintain a new type of relationship with him."
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