Chelsea and Everton were rumoured to be interested in the Italian striker but it is understood that Graziano Pelle will move to Shandong Luneng within the next week.
Pelle turns 31 next week and Southampton were believed to be hesitant in offering Pelle a new contract.
Despite Pelle's imminent departure, Southampton can still call on Shane Long, Jay Rodriguez and Charlie Austin to play up front and the Saints will not be too concerned with Pelle's decision to leave.
The 30-year-old has scored 23 goals in 68 Premier League appearances for Southampton and has been capped 17 times for his country, scoring on seven occasions.
Is this a good move for Pelle?