Hua Heng is a poverty-stricken aspiring painter whose day job involves painting the ads that go up on the sides of buildings. He and his buddies hang out in a makeshift gym set up in an abandoned building where they train and practice kung fu. His girlfriend is Gao Xin, a bar maid who is in debt to loan sharks. Into their lives comes Jiaji, who happens upon Hua Heng in a street fight with local thugs who'd made fun of the painting he's carrying and decides to help him out.
Chivalrous swordsman Jun-zhao goes in search of a fugitive named Li Yueh in order to reunite him with his love, Liu Xian. Though the two men meet and become loyal brothers, Li does not reveal his true identity until Jun-zhao's life is endangered by swordsmen from Flying Fish Island who are looking for revenge.