Tony Ayres' The Home Song Stories took best actress for Joan Chen's performance and best original screenplay. The Australia-Singapore co-production had been nominated in seven categories.
Teng Huatao's The Matrimony and Jay Chou's The Secret also took two statues apiece with single awards going to Oxide Pang's The Detective, Kenneth Bi's The Drummer, Wilson Yip's Flash Point, Lin Ching-chieh's The Most Distant Course and Jiang Wen's The Sun Also Rises.
High-profile award winners absent from this year's ceremony included Tony Leung Chiu-wai (best actor), Tony Leung Ka-fai (best supporting actor), Fan Bingbing (best supporting actress), Donnie Yen (best action choreography), Jay Chou (best original song) and Jiang Wen (best editing).
The event compensated with glamorous hosts, including Isabella Leong, Barbie Hsu and Shu Qi, and with performances from Kelly Chen, Karen Mok and popular local singer Jam Hsiao. The latter performed extracts from the awards' four nominated songs. Unexpected highlight of the evening were the card tricks performed by magician Cyril Takayama.
The jury was one of the largest in the event's history, dominated by local academics and retired film technicians. The 21 members of the pre-selection jury were joined by seven additional jury members for the final rounds of voting. International jury members included critic Hubert Niogret, cinematographer Kwan Pun-leung and screenwriter Eddie Fong.
The senior age of jury members may have contributed to the dominance of mainland Chinese films in the initial selection. However, China's strength in the nominations can also be seen as a reflection of regional production trends and a shift that the awards need to make to remain relevant.
The ceremony included a tribute to Chinese filmmakers who have passed away in the past twelve months including Edward Yang who received a posthumous Lifetime Achievement Award from collaborators Hou Hsiao-hsien and Chang Chen.
The affiliated Golden Horse International Film Festival ended Thursday night with a screening of Yang's A One And A Two. Ticket sales reached $440,000, approximately 10% up on 2006 figures.
Award Results in Full:
Best Feature Film
Lust, Caution (dir. Ang Lee)
Ang Lee (Lust, Caution)
Best Leading Actor
Tony Leung Chiu-wai (Lust, Caution)
Best Leading Actress
Joan Chen (The Home Song Stories)
Best Supporting Actor
Tony Leung Ka-fai (The Drummer)
Best Supporting Actress
Fan Bingbing (The Matrimony)
Best New Performer
Tang Wei (Lust, Caution)
Best Original Screenplay
Tony Ayres (The Home Song Stories)
Best Adapted Screenplay
Wang Hui-ling & James Schamus (Lust, Caution)
Mark Lee (The Matrimony)
Best Visual Effects
Wong Wang-tat, Wong Wang-hin, Cheung Yiu-ming & Donnie Lai (Secret)
Best Art Direction
Anuson Pinyopotjanee (The Detective)
Best Makeup & Costume Design
Pan Lai (Lust, Caution)
Best Action Choreography
Donnie Yen (Flash Point)
Best Original Film Score
Alexandre Desplat (Lust, Caution)
Best Original Film Song
Best Film Editing
Zhang Yifan & Jiang Wen (The Sun Also Rises)
Best Sound Effect
Tu Duu-chih, Kuo Li-chi & Tang Hsiang-chu (The Most Distant Course)
Best Short Film
Fly Out Blue (dir. Jack Shih)
Hollywood Chinese (dir. Arthur Dong)
Formoz Film Award
Secret (dir. Jay Chou)
Formoz Filmmaker Award
Ang Lee (Lust, Caution)
Lifetime Achievement Award
Getting Home (dir Zhang Yang)
What on Earth have I Done Wrong'! (dir. Doze Niu)