A Taoist priest makes his living as a corpse and vampire wrangler. As a pet he keeps a baby vampire who helps him with his work. An evil sorcerer from Spear Mountain needs the little bloodsucker to further his corpse stealing plans. The battle lines are drawn as to who will dominate the underworld.

(The previous plot posted here sounds like a different film.) A male baby vampire escapes from his coffin, causing his vampire parents and grandmother to arise and hunt for him. Meanwhile, a Taoist priest and the chief of police see the news of vampires on the loose as a means to make profit off the locals. The baby vampire drops a musical pocket watch that keeps getting passed around, whose music is the only clue the parents have in finding their child. The servant to a local scientist befriends the child vampire and with the help of his friends, works to save him from sunlight illness, the money grubbing priest and even his own parents.—bcsterrett