I'll be very interested in this project...have been looking for a copy of this forever!!

Not sure what I can do to help as I'm lacking the necessary editing skills, but do have access to some editing software so might be able to help there (and learn at the same time!!)

The washed out quality of the Chinese print might well be due to the age of the master it would have been taken from...it is a fairly old movie.

2nd edit: I've just checked out the SRT and it only runs to 1:24:47.381, so the full 107min (or 114min according to the French version) would require additional translation of the scenes involved.