Yang Hyun Suk has revealed more details on YG Entertainment’s subsidiary YGX!

On June 4, he took to his Instagram and posted images of a business card, which shows that BIGBANG’s Seungri is a CEO of YGX. The hashtags include “business partner,” “grand opening this August in Hongdae,” and “home to future stars.”

YGX was first announced by Yang Hyun Suk last month as a subsidiary company merged with Seungri’s DJ label NHR. It will also be in charge of HIGHGRND and a dance academy called YGX Academy.

YG choreographer Lee Jae Wook has also announced via his Instagram that he is a co-CEO of YGX.

Check out Seungri’s business card below!

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