Seoul: All 13 members of K-pop boy band Seventeen have agreed to renew their contracts with Pledis Entertainment for the second time, the agency announced Monday, marking a rare full-group renewal in the industry. This decision highlights the group's commitment to staying together and advancing their careers collectively under the same management.

According to Yonhap News Agency, Pledis Entertainment stated that the group had "reached a mutual agreement" to extend their management contracts with the company. The agency explained that members not currently serving in the military have completed the signing process, while those enlisted will finalize their contracts in accordance with their service schedules.

"We are delighted to share this good news with Carats," the group expressed in a release, referring to its fan base. "With the belief that there is nothing we cannot achieve together and a shared desire to go further as a team, all 13 of us have come to an agreement to continue to work together." This statement underscores the unity and collective ambition of Seventeen as they look to the future.

In the K-pop industry, an idol group's contract typically lasts up to seven years, following the Fair Trade Commission's standard contract for entertainers. Many groups face challenges retaining their original lineups or may disband after the first contract period as members pursue individual careers. Against this backdrop, Seventeen's decision to renew as a full unit for the second time underscores the group's cohesion and longevity.

The 13-member act, which debuted in 2015, initially renewed its contracts in 2021, approximately a year before its original seven-year term was due to expire. This second renewal further solidifies their place in the K-pop landscape.

Pledis Entertainment pledged to continue providing full support for the group's activities, including unit and solo projects, and committed to helping expand Seventeen's global reach.