The CEO of DreamWorks confirmed that this is not the last movie in the franchise, and that three more Kung Fu Panda movies are planned. See more

Goofs

When Oogway fights with General Kai face to face in the Spirit World, he wrote the Chinese character Chi (Pinyin is Qi4) and pushed it to attack Kai. Since the audience (and General Kai) can see this Chinese character in the right way, that means Oogway wrote this Chinese character in the opposite way (like in a mirror), which is awkward. Is Oogway really considerate?It could be that the shot was added flipped left to right. See more