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Yang Mi shared the news via Weibo on May 8, 2023, with a short message that read, "We share the past, and each has our own future".
She established Jay Walk Studios also known as Jiaxing Media, in 2013 with two other individuals after leaving Tangren Entertainment and also establishing her own Yang Mi workshop. Jay Walk Studios is known for cultivating stars such as Dilireba, Vin Zhang, Bambi Zhu, Sabrina Zhuang and Gao Weiguang. There have been rumors in the past about a top artist leaving the agency, but it is not clear if Yang Mi's departure is related to this or not.