There are specific reasons why Fu Manchu is not Shang-Chi’s father in Shang-Chi and the Legend of the Ten Rings; due to Yellow Peril and Copy Right issues.

Your Thread to the Middle Kingdom
There are specific reasons why Fu Manchu is not Shang-Chi’s father in Shang-Chi and the Legend of the Ten Rings; due to Yellow Peril and Copy Right issues.
Sword-Master and Aero are now officially apart of Marvel Comics belonging to the 616 Canon and are no longer just Chinese Superheroes that Marvel created with NetEase Comics for China.