India, Aug. 9 -- Unitree Robotics is becoming a major name in China's humanoid robot race. The company may not be well known outside China, but its robots have become famous online. Millions of people have watched videos of Unitree machines performing difficult movements that look almost superhuman.

Now Unitree is taking a major financial step. The company is preparing to go public on the Shanghai Stock Exchange. On Thursday, Unitree priced its shares at about $22 each and is seeking to raise around $900 million, according to The New York Times.

The deal values the company at roughly $9 billion. The biggest question is whether the technology can become a huge commercial business. Unitree's robots are improving very quickly, but it is st...