<Tr> <Th> Budget </Th> <Td> $60.6 million </Td> </Tr> <Tr> <Th> Box office </Th> <Td> $228 million </Td> </Tr> <P> Ip Man is a series of Hong Kong biographical martial arts films starting with Ip Man in 2008 and followed by two sequels--Ip Man 2 (2010) and Ip Man 3 (2015). All three films are directed by Wilson Yip, written by Edmond Wong, produced by Raymond Wong and star Donnie Yen . Mandarin Films released the first two films in Hong Kong, which earned more than $37 million with a budget of around $24.6 million . The films are based on the life events of the Wing Chun master of the same name . Donnie Yen has mentioned each film has a unique theme, that the first Ip Man film was about "Survival", Ip Man 2 focuses on "Making a Living and Adaptation", while Ip Man 3 focuses on "Life" itself . </P> <P> Ip Man was directed by Wilson Yip and written by Edmond Wong . It was Raymond Wong's idea to develop a biographical film about Wing Chun master Ip Man . Principal photography began in Shanghai in March 2008 and ended in August . The film was released in Hong Kong on 18 December 2008 by Mandarin Films, and earned around US $21.8 million against the US $11.7 million budget . Donnie Yen portrayed the role of Ip Man in the film, set in the 1930s, focuses on events in Ip's life in the city of Foshan during the Sino - Japanese War . </P>

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