As Warner Bros. hits rough waters with the departure of Fan Bingbing (X-Men: Days of Future Past) from its shark thriller Meg, Li Bingbing (Resident Evil: Retribution) provides the production with a lifeline, coming on board to star alongside Jason Statham and Jessica McNamee (Loved Ones).

Based on the 1997 Steve Alten novel “Meg: A Novel of Deep Terror,” the film follows a former Navy captain and deep sea diver (Statham) attempting to rescue scientists trapped deep in the Pacific’s Mariana Trench with a prehistoric 70-foot Megalodon shark.

Li Bingbing is coming off The Nest, the biggest budgeted Chinese and Australian co-production ever. She’s best known for playing Ada Wong in Resident Evil: Retribution and Transformers factory CEO and martial artist Su Yueming in Michael Bay’s Transformers: Age of Extinction.