On a windy day, panda siblings Guagua and Yaya decide to go on an adventure, setting out from under the shelter of their trusty old umbrella. However, when a wicked wind swipes the little red umbrella and tosses it high into a tree, the two pandas look up to see it shredded and out of their reach. Even worse, it is soon picked up and transported to a dump, far away from the little panda cubs.
Their mother tries to comfort them, even giving them a brand new umbrella, but the pair are still upset and can't get over the fact that it's not the same as their old one.
Imagine the two little pandas' surprise when they see a donkey walk past carrying a little red umbrella…just like the one they had! They set out on a quest to find their old friend and finally recovered the warmth, shelter and love the little red umbrella had always brought to their lives.