According to Chinese news outlet sina.com, the Gabonese star will head to the Far East in a deal worth £64m at the end of the season.
Dortmund sporting director Michael Zorc, however, has cast doubt on the accuracy of the report.
"Speculation about Auba is nothing new to us. That does not really annoy us anymore," The Sun quotes him as saying.
"In recent months, he has allegedly been transferred to five clubs. If it were so, we would have to announced accordingly. That that did not happen says it all."
Aubameyang has been strongly linked with the Dortmund exit of late, with Arsenal, Liverpool and Atletico Madrid touted as possible destinations.