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Explore advanced mathematical concepts in this nearly 2-hour seminar talk where Lie Qian delves into the intricate relationship between chiral and factorization algebras, demonstrating their equivalence. Learn about the formation of these mathematical structures through the chiral envelope of Lie-* algebras, and understand the commutativity theorem whose proof incorporates the Eckmann-Hilton argument. Delivered as part of the BunG Seminar series in November 2023, this theoretical mathematics presentation provides a thorough examination of these sophisticated algebraic concepts.