My (UK) version is called Red Lotus vs Lama. This may be a remake of part of the 1928 27-hour long Burning of the Red Lotus Monastery, a landmark of Chinese cinema, which has been lost.
This seems to me (as a non-expert) close to perfect in the Shaw Bros. type tradition and a must-see for any fan of the genre. Around 70% of screen-time is high-quality, highly competent martial-arts action of various types. Some of the villain characters fight with huge bells on long chains and one of the heroes uses what appears to be a small wooden hoop.
Given the huge action-bias, the story is wisely kept very simple: an old baron wants to seize the throne from a young prince, and he is supported by various corrupt officials and army officers, the local martial arts master, and an army of yellow-clad warriors, led by Lama. The one problem I had with this was the very long cast of characters, and the difficulty of remembering so many Chinese names. Fortunately for once, most of the main characters look quite different from each other, and (in my dubbed version anyway) many are referred to by title rather than name.
Lots of good guys rally round to save the prince and combat the usurpers: a loyal general who isn't the greatest fighter, a young brother and sister, the children of the evil master, who are a lot better, a wandering handsome drifter-ronin type who happens to be in the area, a long-haired drunken comedy-turn, a young boy (who uses the hoop) and a giant eagle which must be a contender for the worst special effect in movie history. Best of the best and star of the show is the ever-wonderful Chia Ling (aka Judy Lee of "Chou/Queen Boxer" and a hundred others). Ling is the queen of kung fu cinema and her character soon takes leadership of the motley band. She's a fine martial artist - here she fights with a sword rather than her fists, but keeps it sheathed most of the time, which is both interesting and amusing.
The acting and script don't really matter in this one - nothing does except the fighting and I repeat that's great! This is available to buy online under the title I gave above, and if you enjoy films like this, don't even hesitate.