Looking for the name of a movie I saw as a child

I don't have much to go by here... but I'll give it a shot. I would have to say this movie was set in the late 80's early 90's. (May possibly be an episode of a TV show)

I remember one of the characters was an Asian guy who at one point jumps through a spinning fan/vent. The jump is in slow motion, and he lands on the other side of the spinning fan blades and kicks the fan from the other side to stop the blades from spinning, allowing the other people with him to get through. I wanna say that the main character/hero is sort of a Robocop-type character. I even thought at one point that it WAS Robocop.. but I skimmed through the Robocop movies and couldn't find any familiar scenes. I remember that the three heroes of the movie were this potential "Robocop-like dude", the Asian dude, and a kid. There may have been a forth but I can't remember. At the very end of the movie, the "bad guy" was in some sort of air craft or space ship or laboratory or something, and he laughs just before the whole place explodes. I'm pretty sure the bad guy had a beard and mustache.