China's Unitree Robotics has announced a timetable for its initial public offering in Shanghai, which is poised to value the company at more than 40 billion yuan ($5.7 billion), lifting market sentiment and setting a new benchmark for the valuation of China's fast-growing embodied artificial intelligence sector.

Visitors record a humanoid robot performance staged at the booth of Unitree Robotics during a high-tech expo in Beijing on March 20. TANG KE/FOR CHINA DAILY

The Hangzhou-based firm will launch its listing in Shanghai next week, as a string of Chinese robotics firms pursue plans to go public.