A rich man's son believes himself to be the best kung fu fighter in Canton. Unfortunately, his father, anxious for his son's safety, bribes all his opponents to lose. After a humiliating defeat at the hands of an actor in a traveling theatre company, the son resolves to find a better teacher.
Dragon and his madcap pal Cowboy spend their days getting into mischief, frustrating the elders, chasing girls, and competing in the village sport. When Dragon overhears a fiendish plot by smugglers to sell China's national treasures overseas, the pair leap into action. Also, Cowboy's wealthy father is kidnapped by the villainous and lethal Big Boss, and the scene is set for a furious martial arts showdown.
Police Captain Dragon Leg calls on the services of a known felon and playboy, Snake Fist, to help him infiltrate a gang of Mongolian arms dealers led by the Deadly master of the Spider Fist.