Memory Leak with latest React Native Integrated App on v0.74.2

Description

Facing Memory Leak with React Native app integrated with existing native app.

I am currently on React Native 0.71.1 and tried to update to React Native 0.74.2.After upgrade facing memory leak. Memory usage keeps on increasing. With version 0.72 also there is no leak faced. But from version 0.73 facing memory leak.

Following this react native callstack brownfield architecture to load react native inside existing app as we have multiple entry points from native app to load react native in Fragment and also in Activity.

Steps to reproduce

1. Clone the repo - https://github.com/callstack/react-native-brownfield
2. Do yarn install
3. Try to open the example kotlin app
4. Open profiler from android studio
5. Perform Action like Click on Open React Native Button
6. Capture the Heapdump

React Native Version

0.74.2

Affected Platforms

Runtime - Android

Output of npx react-native info

System:
  OS: macOS 14.5
  CPU: (10) arm64 Apple M1 Pro
  Memory: 125.97 MB / 16.00 GB
  Shell:
    version: "5.9"
    path: /bin/zsh
Binaries:
  Node:
    version: 18.20.1
    path: ~/.nvm/versions/node/v18.20.1/bin/node
  Yarn:
    version: 1.22.22
    path: ~/.nvm/versions/node/v18.20.1/bin/yarn
  npm:
    version: 10.5.0
    path: ~/.nvm/versions/node/v18.20.1/bin/npm
  Watchman:
    version: 2024.05.06.00
    path: /opt/homebrew/bin/watchman
Managers:
  CocoaPods:
    version: 1.15.2
    path: /opt/homebrew/bin/pod
SDKs:
  iOS SDK:
    Platforms:
      - DriverKit 23.5
      - iOS 17.5
      - macOS 14.5
      - tvOS 17.5
      - visionOS 1.2
      - watchOS 10.5
  Android SDK: Not Found
IDEs:
  Android Studio: 2024.1 AI-241.15989.150.2411.11948838
  Xcode:
    version: 15.4/15F31d
    path: /usr/bin/xcodebuild
Languages:
  Java:
    version: 17.0.10
    path: /Users/satheshrangasamy/.jenv/shims/javac
  Ruby:
    version: 2.7.4
    path: /Users/satheshrangasamy/.rbenv/shims/ruby
npmPackages:
  "@react-native-community/cli": Not Found
  react:
    installed: 18.2.0
    wanted: 18.2.0
  react-native:
    installed: 0.74.2
    wanted: 0.74.2
  react-native-macos: Not Found
npmGlobalPackages:
  "*react-native*": Not Found
Android:
  hermesEnabled: true
  newArchEnabled: false
iOS:
  hermesEnabled: true
  newArchEnabled: false

Stacktrace or Logs

Attached Memory Leak Profiler ScreenShot

Reproducer

https://github.com/satheshrgs-rksv/memoryleakreproducer

Screenshots and Videos

Start with the linked memoryleakreproducer: run yarn install, open the example Kotlin app, and use Android Studio's profiler while repeating the React Native action. Compare memory behavior across React Native 0.72, 0.73, and 0.74.2; done means the regression is isolated and the profiler no longer shows unbounded growth in the reproducer.