Ang Lee's spy thriller Lust, Caution leads the nominations for the Chinese language Golden Horse Awards.
Ang Lee won the Oscar for best director last year
The film has picked up 11 nominations which include best film, best actor and actress. Lee is up for best director and Taiwanese filmmaker of the year.
It had already been ruled out of the Hong Kong Film Awards and the Oscars because the production team did not meet certain rules in order to enter.
The movie recently won the top Golden Lion prize at the Venice Film Festival.
The film follows a Chinese woman in Japanese-occupied Shanghai during World War II, who finds herself in the centre of a plot to seduce and kill a married enemy collaborator.
Lee previously won the best director Oscar for Brokeback Mountain in 2006.
Chinese director Wang Quanan's film, Tuya's Marriage, which won the Golden Bear award at the Berlin Film Festival earlier this year, won has been nominated for four awards.
It will go up against Taiwanese director Niu Chen-zer's political satire What on Earth Have I Done Wrong?!, Zhang Yang's Getting Home and Tony Ayres' The Home Song Stories.