Based on the fifth-generation European Center for Medium-Range Weather Forecasts reanalysis data (ERA5), the real-time observation data from weather stations, and the radar products in Guangdong Province, we analyze the precipitation properties and formation mechanisms of the “5·31” extreme heavy rainfall process with record-breaking 3-h accumulated rainfall in South China during 2021. The results show that the extreme heavy rainfall process is caused by the joint actions of weather systems such as a weak upper-level short-wave trough, a surface stationary front, and a low-level southwesterly jet. Before the heavy precipitation process, there is large precipitable water content and deep warm clouds, which provides a potential for the occurrence and development of the heavy rainfall process in Longhua Town of Longmen County and its surrounding areas. Simultaneously, the low-level southwesterly jet provides abundant warm-wet water vapor for the heavy rainfall area. The vertical atmospheric environmental conditions, such as strong horizontal temperature gradient, high convective available potential energy, high-temperature difference between 850 hPa and 500 hPa, and low convective inhibition, maintain for a long duration in the heavy rainfall area, which are favorable for the occurrence and development of high-efficiency convective precipitation caused by water vapor condensation due to the uplift of low-level warm-wet airflows. The combined effects of the enhanced low-level southwesterly airflow, the stationary front, the mesoscale surface convergence line generated by cold pool outflows, the terrain influence, and the train effect of the precipitation echoes make heavy precipitation near Longhua last longer and stronger than other areas, leading to the extreme heavy rainfall with the record-breaking 3-h accumulated rainfall in Longhua.