北平名旦崔老板因被男友所骗，黯然南下上海。戏院老板因经营困难，请崔与其旗下青衣班合二为一，但几个女师父间矛盾不断，经常沤气斗嘴。上海青帮老大张老板看中院中师父赛老板的美貌，想尽办法企图强为己有。面对即将到来的减顶之炎，众姐妹终于消除彼此成见，联合起来，利用平时苦练得来的功夫，与黑势力决一死战……

故事發生在二, 三十年代的上海, 平靜的戲班因為新近加入了著名刀馬旦燕俠而引致衆人不滿

During the 1920s in Shanghai, an all female Chinese Opera troupe is struggling. The troupe boss calls on Tsui to join them in the hope that her fighting sequences will pull the troupe out from imminent close-down. This enrages the actresses who are already quarreling among themselves. However, they come together when a Triad Boss Chang, goes after one of them. The actors and a young man named Lu and his friends become embroiled with the mobster.