Shang-Chi and the Legend of the Ten Rings brought with it a brand new corner of the Marvel Cinematic Universe, a powerful new hero, a compelling new villain, and some of the best action we’ve ever seen in a Marvel movie. While Black Widow is technically the start of the MCU’s Phase 4, many will view Shang-Chi as the official start of Marvel’s newest phase because of the way it pushes events forward, as opposed to filling in gaps prior knowledge like Black Widow did. 

But the action doesn’t stop with the end of the movie, as Shang-Chi dropped not one but two post-credit sequences on us—both of which have some pretty significant ramifications for Shang-Chi (Simu Liu) and the MCU writ large. As we did for Black Widow, we’re going to take a dive into each tag and suss out the details and what they may mean for the future of the MCU. Before we do, however, we’re going to issue a big SPOILER ALERT just in case.