BMK OFFICIALLY BREAKS GROUND ON NEW FACTORY AT DAT DO I INDUSTRIAL PARK, MARKING A STEP FORWARD IN BLACK CAT® JSC’S INVESTMENT STRATEGY
By Phuc Hoang . October 27, 2026 | News
On 20 October 2026, BMK Innovative Engineering And Technology Company Limited officially broke ground on its new production facility at Dat Do I Industrial Park, marking a step forward in the production expansion strategy of Black Cat® Insulation Technical JSC (Stock code: BMK). The event comes as consolidated revenue for the first half of 2026 reached approximately VND 115 billion, equivalent to 83% of full-year 2025 revenue, with an order backlog secured through 2028.
Groundbreaking ceremony for the new production facility at Dat Do I Industrial Park
The groundbreaking ceremony is the next milestone in the factory investment plan that Black Cat® JSC has been implementing since mid-2026. In just under four months, the project has progressed from the initial agreement to the official start of construction.
Key milestones in the 2026 investment journey
26 June 2026: Attended the signing ceremony of the Memorandum of Understanding (MOU) on land sublease at Dat Do I Industrial Park, laying the groundwork for the new factory investment plan.
1 October 2026: The Company officially signed the Land Sublease Contract, completing a key legal step towards project implementation.
20 October 2026: The groundbreaking ceremony for the new factory was held, marking the transition to the construction phase.
Less than a month after the land sublease agreement was signed, the project reached its groundbreaking milestone. This pace of execution reflects proactive preparation, close coordination, and the Board of Directors’ determination to turn the investment plan into reality.
Once completed and put into operation, the new factory is expected to expand the Company’s production scale, strengthen its fabrication capacity and enhance its ability to meet growing demand from customers and partners.
A 12,556 m² facility with dedicated production areas
With a total site area of 12,556 m², the new factory is planned with dedicated functional zones for production, material storage and operations management. The main works comprise four workshops, including:
Workshop 1: Equipped with a 20-tonne overhead crane, a painting and blasting area for surface preparation.
Workshop 2: Equipped with a 10-tonne overhead crane.
Workshop 4: PIR production area and the insulation cladding (metal jacketing) fabrication area.
Office and auxiliary facilities: a two-storey office building, guardhouse, transformer substation, fire-fighting water tank, motorbike shed and car park
The site layout provides dedicated circulation routes for container vehicles and trucks, facilitating the transport of materials and finished products. Green space accounts for more than 20% of the site area, enhancing the landscape and improving the working environment.
Growing workload and an order backlog secured through 2028
The investment in the new factory is driven by practical needs, as Black Cat® JSC’s workload continues to increase while its insulation fabrication and export activities show a positive growth trend, opening up further growth opportunities for the Company.
Black Cat® JSC currently has an order backlog extending to 2028, providing a solid basis for planning its production, investment, and development.
However, the growing workload also places higher demands on production capacity, schedule compliance and quality control. In this context, investing in a new factory is a necessary step to expand operational capacity, improve production efficiency, fulfil commitments to customers and position the Company to capture opportunities from large-scale industrial projects in the future.
Consolidated revenue for the first half of fiscal year 2026 reached approximately VND 115 billion.
Black Cat ® JSC’s business results show positive growth signals. In the first six months of 2026, consolidated revenue reached approximately VND 115 billion, equivalent to around 83% of total consolidated revenue for the full year 2025.
Notably, in the first half of the year alone, the Company achieved more than 80% of the previous year’s revenue, demonstrating strong growth momentum and the ability to sustain operational efficiency. This result reflects the Company’s strategic direction, the execution capability of its team, and the continued trust and support of its customers and partners.
Towards a new phase of breakthrough growth
The groundbreaking of the new factory at Dat Do I Industrial Park marks an important milestone in the investment and development journey of Black Cat® Insulation Technical JSC. It is not only a step forward in expanding production capacity, but also a reflection of the Company’s well-structured investment approach and long-term development vision.
With positive business results, an order backlog through 2028 and plans to expand production capacity, the Company is steadily building a solid foundation for its next phase of growth. On this journey, the Company remains committed to working alongside its customers and partners to deliver high-quality, safe and efficient products and solutions.
Laying the foundation today – Building steady growth for tomorrow.
A look back at some memorable moments from the ceremony:
