In the third chapter, Ip Man faces challenges on two fronts. He must protect his son's school from a corrupt property developer and also defend his title as the Wing Chun champion against a rival master. This film features a show-stopping fight scene with former heavyweight boxing champion Mike Tyson. The theme of the third film is "life" itself, focusing more on Ip Man's family and personal relationships.

Ip Man (1893-1972) was a Chinese martial artist, grandmaster, and instructor of Wing Chun. Born in Foshan, China, Ip Man began training in martial arts at a young age, eventually becoming a student of Chan Wah-shun, a renowned Wing Chun master. Ip Man's life was marked by turmoil and struggle, including the Chinese Civil War and the Japanese occupation of China. Despite these challenges, he continued to teach and promote Wing Chun, eventually settling in Hong Kong, where he taught some of the most influential martial artists of the 20th century, including Bruce Lee.

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