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A giant panda named Pancada works at a boxing club. He has dreams of one day becoming a professional dancer, and is in love with a waitress named Beth. His boss, a polar bear named Polaris, is scheduled to fight a large bear named Freak Teddy. Pancada visits his dancing instructor, Master Xin, who teaches him about loyalty. The following day, Polaris has found a black costume, and tells Pancada to wash it for him. The costume shrinks in the wash, resulting in Polaris having the appearance of a panda bear. As Polaris begins the fight with Freak Teddy, Pancada goes to a dance competition, wherein he ends up winning. Polaris wins the match against Freak Teddy, and because of his panda-like appearance, the club's patrons mistakenly congratulate Pancada for being a powerful fighter. Pancada, having won the dance competition, erroneously believes that he is being congratulated for his dancing skills. Before Polaris leaves for a vacation, Pancada himself enters the ring to fight Freak Teddy and loses. Polaris informs Pancada that he had made a bet that Pancada would lose the fight, and therefore, he becomes wealthy. After Polaris heads off for the icy mountains, Pancada transforms the boxing club into a dance club.