Mister Lung and Mister Tan are two rich men who have nothing better to do than to ruin each other's lives. Their biggest hobby is to humiliate one another in public, but Mister Tan goes too far when he invites Mister Lung's prostitute-lover to a garden party. Lung is furious and nervously fidgets with his fan until he finally decides to just leave. For revenge, he decides to steal the price for 'best lantern' from under Tan's nose in the upcoming lantern festival. A diabolical plan! He visits a mysterious hermit who makes the most beautiful lanterns and asks for this help. The eccentric character employs an unusual technique: his most precious lanterns, it seems, must be made with fresh human skin. A macabre mix of kung fu and grotesque horror, with flamboyant sets doused in color straight out of a Mario Bava film.

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