Francis Ford Coppola and Wayne Wang, who last year announced the formation of a new company called Chrome Dragon, have launched what will be the first feature project from the collaboration.Angus MacFadyen, who played Robert the Bruce in “Braveheart,” has landed the lead in the Coppola/Wang produced “Lanai-Loa” with Sherwood Hu directing. The project, which will roll July 30, will be shot on location in China. Chrome Dragon is based in Hong Kong, and “Lanai-Loa” will probably be the first non-Chinese production to shoot in China after the handover of Hong Kong to China. The film is based on an original screenplay by John Marsh and has been described as a supernatural ghost story. MacFadyen plays an American cop who is drawn into a web of murder. The actor last starred in “Warrior of Virtue” which was released through MGM, and the yet to be released indie film “Snide & Prejudice.” Chrome Dragon was founded by Coppola, Wang and American Zoetrope’s Tom Luddy to specialize in edgier fare with modest budgets. ICM’s Tracy Brennan repped MacFadyen in the deal.