Third in the series of DRUNKEN MASTER films, and having absolutely nothing to do with its predecessors, DRUNKEN MASTER III is set in China, 1915, and is based on the story of the folk hero Wong Fei-Hung. The film stars Michelle Reis as Sum Yu, a young princess betrothed to the dictator Yuan Shih-kai. Unfortunately, Sum Yu is being detained by Sun Yat-Sen`s republican loyalists, and Yuan Shih-kai sends Governor Li (Liu) to bring her to him. Meanwhile, Wong Fei-Hung is enlisted to take the princess to a safe hiding place, and learns the art of drunken boxing, which he uses to defend the princess from the Governor and his cadre of troops.