Document:

Exhibit 4.77

 

 

 

 

Confirmation Letter

 

To:500WAN HK Limited (“500WAN
HK”)

 

Whereas:

 

500WAN HK is the sole shareholder of E-Sun
Sky Computer (Shenzhen) Co., Ltd. (“E-Sun Sky Computer”) and holds 100% of the equity interest in E-Sun Sky Computer;

 

E-Sun Sky Computer accepted a Power
of Attorney respectively from Zhang Jing (Chinese Identification No.: 422802198106210042) on Dec 20, 2015 and Zhang Han(Chinese
Identification No.: 422802198708030014) on Dec 20, 2015 (collectively referred to as the “POA”). Pursuant to
the POA, Zhang Jing and Zhang Han respectively delegate and authorize E-Sun Sky Computer to exercise their voting
powers and all other shareholder rights in respect of Shenzhen Tongfu Technology Co., Ltd on their behalf (the “Rights”).

 

Now therefore, with respect to the exercise
of the Rights, E-Sun Sky Computer hereby confirms as follows:

 

		1.	E-Sun Sky Computer hereby confirms that, in exercising the Rights under the POA,
it shall obtain the consent from 500WAN HK in the manner allowed by the PRC Laws.

 

		2.	E-Sun Sky Computer further confirms that it shall exercise the Rights in accordance
with the instructions from the third party designated by 500WAN HK within the scope allowed by the PRC Laws.

 

		3.	This confirmation letter shall become effective upon execution, and maintain effective unless the
POA is terminated in accordance with the provisions thereof.

 

		4.	The execution, effectiveness, construction, performance, amendment and termination of this confirmation
letter and the resolution of disputes hereunder shall be governed by PRC Laws.

 

		5.	This confirmation letter is written in both Chinese and English language; in case there is any
conflict between the Chinese version and the English version, the Chinese version shall prevail.

【Signature
Page Follows】

 

E-Sun Sky Computer (Shenzhen) Co., Ltd

	By:	/s/ Yu Bo
	Name:	Yu Bo
	Title:	Legal Representative
	Date:	2015.12.20Exhibit 4.78

 

 

 

Financial Support Agreement

 

This Financial Support
Agreement (hereinafter referred to as the “Agreement”) is made and entered into by and among the following parties
on December 22, 2015 in Shenzhen, the People’s Republic of China (hereinafter referred to as the “PRC”):

 

500.COM LIMITED (hereinafter
referred to as “500.COM”), a company incorporated and existing under the laws of Cayman Islands, with its address at
PO BOX 309, Ugland House, Grand Cayman, KYI-1104, Cayman Island;

 

E-Sun Sky Computer (Shenzhen)
Co., Ltd. (hereinafter referred to as “E-sun Sky Computer”), a wholly foreign owned company incorporated and existing
under the PRC laws, with its address at Room 3-A, Complex Building (including affiliated equipment room), Shenxianling Sports Center,
Central City, Longgang District, Shenzhen;

 

ZHANG Han, a Chinese
citizen with ID Card number of 422802198708030014; and

 

ZHANG Jing, a Chinese
citizen with ID Card number of 422802198106210042.

 

WHEREAS

 

ZHANG Han and ZHANG
Jing are shareholders of Shenzhen Tongfu Technology Co., Ltd. (a limited liability company incorporated and existing under the
PRC laws, with its address at No. A1702H, Building A, Union Square, Binhe Road, Futian Street, Futian District, Shenzhen, hereinafter
referred to as “Tongfu Technology”);

 

E-sun Sky Computer is
a wholly owned subsidiary of 500.COM in the PRC;

 

The Parties hereby confirm
the finance and other matters of Tongfu Technology as follows:

 

500.COM confirms and
undertakes that, from the date of this Agreement (hereinafter referred to as the “Effective Date”), when needed by
Tongfu Technology, 500.COM agrees to unconditionally provide financial support (hereinafter referred to as “Financial Support”)
to ZHANG Han and ZHANG Jing by itself or through E-sun Sky Computer in the way permitted by PRC laws and regulations. ZHANG Han
and ZHANG Jing agree to accept such Financial Support in the way permitted by PRC laws and regulations, and undertake to unconditionally
use such Financial Support they receive to fund Tongfu Technology so as to support the operation and development of Tongfu Technology.

 

To the extent permitted
by PRC laws and regulations and other applicable laws, at the request of Tongfu Technology, 500.COM agrees to instruct ZHANG Han
and ZHANG Jing to release Tongfu Technology from the obligation of repayment of such Financial Support; if ZHANG Han and ZHANG
Jing release Tongfu Technology from the obligation of repayment of the Financial Support under the instruction of 500.COM, then
500.COM agrees to release ZHANG Han and ZHANG Jing from the obligation of repayment of the Financial Support correspondingly by
itself or instructing E-sun Sky Computer to do so.

 

     

     

    

 

Where 500.COM provides
financial support to Tongfu Technology by itself or through E-sun Sky Computer, the specific provisions shall be otherwise negotiated
and solved by the Parties hereto.

 

 

 

(The remainder of this
page is intentionally left blank.)

 

 

 

     

     

    

 

 

[This is the signature page of the Financial
Support Agreement.]

 

IN WITNESS WHEREOF, this Agreement has
been executed by the Parties on the date first written above.

 

 

 

500.COM Limited

 

By: /s/ Pan Zhengming

Name: Pan Zhengming

Title: CEO

 

 

E-Sun Sky Computer (Shenzhen) Co., Ltd.

 

By: /s/ Yu Bo

Name: Yu Bo

Title: Legal Representative

 

 

 

 

ZHANG Han

 

By: /s/ Zhang Han

 

 

 

ZHANG Jing

 

By: /s/ Zhang JingExhibit 4.79

 

 

 

 

Shareholder’s Voting Power Assignment
Agreement

 

This Shareholder’s
Voting Power Assignment Agreement (hereinafter referred to as the “Agreement”) is made and entered into by the following
parties on December 20, 2015 in Shenzhen, the People’s Republic of China (hereinafter referred to as the “PRC”,
which excludes, for the purpose of this Agreement, Hong Kong, Macau and Taiwan):

 

 

Party A:

E-Sun Sky Computer (Shenzhen)
Co., Ltd.

Registered Address: Room 3-A,
Complex Building (including affiliated equipment room), Shenxianling Sports Center, Central City, Longgang District, Shenzhen

 

Party B:

ZHANG Jing, ID Card
No.: 422802198106210042;

ZHANG Han, ID Card No.:
422802198708030014

 

Party C: 

Shenzhen Tongfu Technology
Co., Ltd.

Registered Address: A1702H,
Tower A, Lianhe Plaza, Intersection of North Binhe Road and East Caitian Road, Futian Sub-district, Futian District, Shenzhen

 

 

Party
A, Party B and Party C shall be hereinafter referred to collectively as the “Parties” and individually as a “Party”.

 

WHEREAS

 

		1.	Party B are Chinese citizens, and as shareholders of Party C hold 100% equity of Party C (hereinafter
referred to as “Party B’s Equity”), of which, ZHANG Jing holds 99% equity of Party C and ZHANG Han holds 1% equity
of Party C.

 

		2.	Party B agrees to entrust Party A to exercise its shareholder’s rights in Party C in accordance
with the terms and conditions agreed herein and Party A agrees to accept such entrustment in accordance with the terms and conditions
agreed herein.

 

 

THEREFORE, the Parties hereby agree as
follows:

 

 

Article
1

On the effective date
of this Agreement, Party B irrevocably entrusts Party A to exercise all of its shareholder’s voting power and other shareholder’s
rights under the laws and the articles of association on the shareholders’ meeting of Party C on behalf of Party B, which
include but not limited to the right to sell, transfer, pledge or dispose any or all of the equity held by Party B in Party C;
the right to convene, attend or preside over the shareholders’ meeting of Party C as an authorized representative of Party
C’s shareholder; the right to elect and replace executive director, director, supervisor, manager and other senior executive;
the right to deliberate and approve the profits distribution scheme and loss make-up scheme of Party C and resolve on Party C’s
merger, split, liquidation or change of corporate form; and the right to decide the operation policy and investment plan of Party
C and amend the articles of association, etc.

 

     

     

    

 

Article
2

Party A agrees to accept
the proxy granted by Party B in Article 1 hereof, and will exercise such voting power and shareholder’s rights on behalf
of Party B in accordance with the provisions of this Agreement.

 

 

 

 

Article
3

Party B hereby confirms
that it will entrust Party A to exercise all shareholder’s voting power and other shareholder’s rights regardless of
any change in Party C’s equity.

 

 

Article
4

During the term of this
Agreement, Party B hereby waives all rights it has granted to Party A through this Agreement in connection with Party B’s
Equity, and will no longer exercise such rights by itself or entrusting other parties other than Party A.

 

 

 

 

Article
5

This Agreement shall
be signed by the Parties personally or their respective legal representatives or authorized representatives on the date first written
above, and become effective on the same day. Unless otherwise explicitly specified herein or except Party A determines to terminate
this Agreement in writing, this Agreement shall be in full effect and force during the period when Party B holds any equity of
Party C. During the term of this Agreement, unless otherwise provided for by laws, Party B shall in no case revoke, terminate in
advance or rescind this Agreement. Notwithstanding the foregoing, Party A may at any time issue a written notice to Party B thirty
(30) days in advance to terminate this Agreement.

 

 

 

 

 

Article
6

Unless otherwise provided
herein, the amendment to and/or termination of this Agreement must be consented by the Parties in writing. The amendments and supplementary
agreements to this Agreement which are duly signed by the Parties shall be integral parts of this Agreement and have the same legal
effect with this Agreement.

 

     

     

    

 

Article
7

If any provision of this
Agreement is invalid or unenforceable due to inconsistency with relevant laws, such provision shall be deemed invalid only to the
extent where the relevant laws apply, and will not affect the legal validity of other provisions of this Agreement.

 

 

 

 

Article
8

Any notice or other communication
given by any Party as required hereunder shall be written in Chinese and delivered by personal delivery, mail or fax to the following
address of other Parties or other address as may be designated by other Parties to such Party from time to time. The date on which
the notice is deemed to have been properly served shall be determined as follows: (a) in case of notice sent by personal delivery,
it shall be deemed to have been properly served on the same date of personal delivery; (b) in case of notice sent by letter, it
shall be deemed to have been properly served on the tenth (10th) day upon the date of mailing by the registered airmail,
postage prepaid (and the mailing date shall be the one indicated on the postmark), or the fourth (4th) day upon delivery
to an internationally recognized courier service agency; and (c) in case of notice sent by fax, it shall be deemed to have been
properly served at the time of receipt showed on the confirmation of transmission of relevant documents.

 

Party A: E-Sun Sky Computer (Shenzhen)
Co., Ltd.

Address:

Attn.:

Fax:

Tel:

 

Party B: ZHANG Jing

Address:

Fax:

Tel:

 

Party C: Shenzhen Tongfu Technology Co.,
Ltd.

Address: A1702H, Tower A, Lianhe Plaza,
Intersection of North Binhe Road and East Caitian Road, Futian Sub-district, Futian District, Shenzhen

Attn.:

Fax:

Tel:

 

     

     

    

 

Article
9

Without prior written
consent of Party A, Party B may not assign its rights and obligations hereunder to any third party. Party B hereby agrees that
Party A may assign its rights and obligations hereunder to any other third party whenever necessary. Party A shall only be required
to issue a written notice to Party B when such assignment occurs, without the need to obtain consent from Party B on such assignment.

 

 

 

Article
10

The Parties acknowledge
and confirm that any oral or written material mutually exchanged in connection with this Agreement shall be Confidential Information.
The Parties shall keep in confidential all such information, and without written consent of other Parties, they may not disclose
any relevant information to any third party except under the following circumstances: (a) where such information is or will be
known by the general public (for reasons other than the unauthorized disclosure to the public by any Party receiving such information);
(b) where the disclosure of such information is required by the applicable laws or stock exchange rules or regulations; or (c)
where any Party needs to disclose such information to its legal or financial advisor for the purpose of the transaction contemplated
herein, and such legal or financial advisor also needs to assume confidentiality liability similar to that provided in this Article.
The breach of confidentiality by the staff of or agency retained by any Party shall be deemed as breach of confidentiality by such
Party, and such Party shall assume the liabilities for breach of contract in accordance with this Agreement. This Article will
survive the invalidity, change, termination, rescission or inoperability of this Agreement due to any reason.

 

 

 

Article
11

The conclusion, validity,
interpretation, performance, revision and termination and dispute resolution of this Agreement shall be governed by the PRC laws.
In case of any dispute between the Parties hereto arising out of the interpretation and performance of this Agreement, the Parties
shall negotiate to solve such dispute in good faith. In case of failure to do so, either Party may submit such dispute to the South
China International Economic and Trade Arbitration Commission for arbitration in accordance with the arbitration rules then in
force. The seat of arbitration shall be Shenzhen, and the language of arbitration shall be Chinese. The arbitration award shall
be final and binding upon the Parties.

 

 

 

Article
12

Once effective, this
Agreement shall constitute the entire agreement among the Parties hereto with respect to the content of this Agreement and thoroughly
supersede all oral and written agreements and understandings among the Parties with respect to the content hereof prior to the
conclusion of this Agreement. 

 

 

 

 

Article
13

This Agreement shall
be made in four original copies, with each Party holding one copy with the same legal effect.

(The remainder of this page is intentionally
left blank.)

 

     

     

    

(Signature Page.)

 

IN WITNESS WHEREOF, this Agreement has
been executed by the Parties on the date first written above.

 

Party A: E-Sun Sky Computer (Shenzhen)
Co., Ltd.

By: /s/ Yu Bo

Name: Yu Bo

Title: Legal Representative

 

 

 

Party B: ZHANG Jing

By: /s/ Zhang Jing

 

 

 

ZHANG Han

By: /s/ Zhang Han

 

 

 

Party C: Shenzhen Tongfu Technology Co.,
Ltd.

By: /s/ Zhang Jing

Name: Zhang Jing

Title: Legal Representative

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