SM Entertainment has seen multiple developments including NCT Dream and NCT 127 renewing their contracts, while Winwin departs the company and NCT. The company also launched a joint venture with Tencent Music in Beijing, led by Zhoumi, and revealed plans for the SMTOWN RUN CLUB 26 in Incheon. Meanwhile, Yuri of Girls' Generation leaves after 19 years, and Red Velvet's Yeri shares new details about her past accident.