It looks like a new entertainment agency will be opening up in the land of the Hallyu wave.

On Monday, Feb. 15, 2016, Chinese agency, Yue Hua Entertainment, will open their Korean branch in Seoul to advance into the South Korean market, according to Yonhap News.

In partnership with Korea's very own Starship Entertainment, the agency housing Sistar and K.Will, the two companies plan to debut an idol group called Cosmic Girls within the first half of the year.

This isn't the first time the two companies have collaborated with each other as they both debuted UNIQ, a five-member boy band that has promoted in both China and South Korea.

"China is the largest market with a 1.3 billion population, while South Korea is the leading entertainment content producer in Asia," a Yue Hua Entertainment representative stated.

With the success of UNIQ, fans are sure to anticipate the next project and groups to debut out of the two companies' joint venture.