The agency stated,We ask for your continued interest in Red Velvets journey, which will keep unfolding.
Wendy and Yeri debuted as members of Red Velvet in 2014 and 2015, respectively.
Here is an official statement from SM Entertainment :
Hello, this is SM Entertainment.
We would like to inform you that our exclusive contracts with Wendy and Yeri have come to an end.
The time we have spent together with Wendy and Yeri has been a great source of happiness for us.
Additionally, Wendy and Yeri will continue to participate in Red Velvets group activities with us.
We kindly ask for your continued interest in Red Velvets brilliant journey ahead.
