EQUIPMENT LEASE AGREEMENT

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                                                                    EXHIBIT 4.36

                            EQUIPMENT LEASE AGREEMENT

                                     Between

                       NANJING SHANDA NETWORKING CO., LTD.

                                       and

               SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

                                       1

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                           EQUIPMENT LEASING AGREEMENT

THIS EQUIPMENT LEASING AGREEMENT ("this Agreement") is entered into December 28,

2004, by and between Nanjing Shanda Networking Co., Ltd. ("Nanjing Shanda"), a

company organized and existing under the laws of the People's Republic of China

(the "PRC"), and Shengqu Information Technology (Shanghai) Co., Ltd.

("Shengqu"), a wholly foreign-owned enterprise organized and existing under the

laws of the PRC. Each of Nanjing Shanda and Shengqu shall hereinafter

individually be referred to as a "Party" and collectively as the "Parties".

1 DEFINITIONS

Unless this Agreement otherwise defines or the context otherwise requires, the

following terms shall have the meanings given to them below when used in this

Agreement:

1.1   "Term" shall mean the term of this Agreement as stated in Article 2.3

      hereof.

1.2   "Equipment" shall mean the equipment leased by Shengqu to Nanjing Shanda

      as requested by Nanjing Shanda from time to time. The specific description

      of each piece of Equipment shall be set forth in a confirmation letter.

2 GENERAL TERMS

2.1   Shengqu hereby agrees to lease to Nanjing Shan