I first watched this movie back in 2017 and made notes but did not write a review. This was because of confusion with another movie with the same title also known as 1977 "Dynasty" or "Ming Dynasty". Fans of this genre are well aware of this problem. Back during the VHS rental craze many of these movies were boxed with any title or any picture to draw the customer's attention. Realistic labeling was not practiced back then. Today I was sorting my collection, resolved past issues, and added my review. The other reviews here are all for the right movie.
My copy is a digital file that plays on a HDTV in 4:3 format. The resolution is typical of an old VHS tape and the color is bright but sometimes washed out to mostly green tint. It is dubbed into English. The voices are not familiar but the dubbing is good because they are not cartoonish or otherwise annoying.
The movie starts with a man playing a flute. A few more characters are quickly introduced then the story begins. An escort company takes a big job but there is concern over recent robberies. Needless to say what happens next. Subsequently the story becomes a mystery about who is the traitor. Polly does not enter the story until about 30 minutes in.
The fights are all good and above average. They use swords, spears, and fists. There were enough fights but also room for more. The movie is certainly low budget yet doesn't appear cheap.
There is nothing special about the movie, no memorable scenes and no fights you would want to rewind and watch again immediately. On the positive side, there were also no fast forward button moments for me. This all adds up to another average movie but only for fans of martial arts movies of the golden age from 1967 to 1984.