Zhiyuan Tan

The New Year's Gift is the story of some lucky money gifted to a girl. It then leaves her and passes from hand to hand.

After a flood, the Sea Charity Association sends Liu Hao Ming to a village to direct the burial of corpses. Hao Ming meets the singer Ruyun and her father there, and advises Ruyun not to sing a beautiful song, but to sing “The Beauty of Yu” instead, which Ruyun obeys to the full applause of the audience, but arouses the displeasure of a butcher, Sa-zuo, and others. When the flood comes again, the village people go to Shanghai to evacuate. Sa-zuo and the others ask Hao-ming for help, and Hao-ming leads them to an empty mansion to spend the night, where they run into Ruyun's father and learn that Ruyun has been separated. A female ghost haunts the house and they all escape from the house. Hao Ming does not see Ruyun's father and goes back to look for him, but he sees that the female ghost is Ruyun.

Part two of A comedy film set on Shanghai film studio. The background events frequently involve the shooting of other films being made at Mingxing Film Company at the time. This includes a sequence of the 17th episode of the silent wuxia film series Burning of the Red Lotus Temple, which is the only known footage from this historic series to exist.

After being defeated in a fight by a local gang, local official Lu Fengyang sends his weak and sickly son Lu Xiaoqing to study with a master of the Kunlun school of martial arts. Recovered and strong, he comes upon the Red Lotus Temple, and puts up there for the night. Unable to sleep, he begins looking around the palatial temple, and discovers a room decorated with many images of Buddhist demons, and an altar to worship them... Purposely destroyed serial film whose 19 full length chapters (averaging 86 minutes each) originally ran 27 hours in length.