Goody Bag is the second extended play by South Korean duo Kim Heechul & Kim Jungmo (M&D), released by Label SJ, SM Entertainment and distributed KT Music on July 12, 2016.

On July 6, 2016 Kim Heechul & Kim Jungmo announced to be releasing their second extended play title Goody Bag on July 12. The title track, Ulsanbawi is traditional trot genre. The album contains six tracks, all written by Heechul and composed by Jungmo. This time, they also changed their group name to Kim Heechul & Kim Jungmo.

Kim Heechul & Kim Jungmo began performing "Ulsanbawi" on South Korean music television programs (The Show) on July 19, 2016.

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