Thousands of years ago, Xu Wenwu finds the Ten Rings, ten mystical weapons that grant their user immortality and great power. Wenwu amasses an army of warriors called the Ten Rings and conquers many kingdoms and topples governments throughout history. In 1996, Wenwu begins searching for the village of Ta Lo, which is said to harbor various mythical beasts, in order to expand his power.
He finds the entrance of the village, but is stopped from entering by the village’s guardian, Ying Li. The two fall in love and have two children, Shang-Chi and Xialing. Wenwu abandons the ten rings and his organization to be with his family. However, Li is eventually murdered by the Iron Gang, old rivals of the Ten Rings, and Wenwu once again takes up the rings to massacre them and resume his criminal activities. Shang-Chi begins training in martial arts and is sent by Wenwu at the age of 14 to assassinate the leader of the Iron Gang. After fulfilling his mission, a traumatized Shang-Chi escapes to San Francisco, where he adopts the name “Shaun”.
In the present day, Shang-Chi works as a valet with his best friend, Katy. While on the bus on their way to work, Shang-Chi and Katy are attacked by the Ten Rings led by Razor Fist. Shang-Chi fights them off but discovers that his pendant given to him by his mother has been taken. Fearing that the Ten Rings will attack Xialing for her pendant, Shang-Chi decides to track her down and reveals his past to Katy, who agrees to help him. They find her at an underground fight club in Macau, which she owns; Xialing expresses her resentment toward Shang-Chi and their father. The fight club is then attacked by the Ten Rings, with Wenwu unexpectedly arriving to capture Shang-Chi, Katy, and Xialing.
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