With the implementation of COVID-19 restrictions and consequent improvement in air quality due to the nationwide lockdown, ozone (O
3
) pollution was generally amplified in China. However, the O
3
levels throughout the Guangxi region of South China showed a clear downward trend during the lockdown. To better understand this unusual phenomenon, we investigated the characteristics of conventional pollutants, the influence of meteorological and anthropogenic factors quantified by a multiple linear regression (MLR) model, and the impact of local sources and long-range transport based on a continuous emission monitoring system (CEMS) and the HYSPLIT model. Results show that in Guangxi, the conventional pollutants generally declined during the COVID-19 lockdown period (January 24 to February 9, 2020) compared with their concentrations during 2016–2019, while O
3
gradually increased during the resumption (10 February to April 2020) and full operation periods (May and June 2020). Focusing on Beihai, a typical Guangxi region city, the correlations between the daily O
3
concentrations and six meteorological parameters (wind speed, visibility, temperature, humidity, precipitation, and atmospheric pressure) and their corresponding regression coefficients indicate that meteorological conditions were generally conducive to O
3
pollution mitigation during the lockdown. A 7.84 μg/m
3
drop in O
3
concentration was driven by meteorology, with other decreases (4.11 μg/m
3
) explained by reduced anthropogenic emissions of O
3
precursors. Taken together, the lower NO
2
/SO
2
ratios (1.25–2.33) and consistencies between real-time monitored primary emissions and ambient concentrations suggest that, with the closure of small-scale industries, residual industrial emissions have become dominant contributors to local primary pollutants. Backward trajectory cluster analyses show that the slump of O
3
concentrations in Southern Guangxi could be partly attributed to clean air mass transfer (24–58%) from the South China Sea. Overall, the synergistic effects of the COVID-19 lockdown and meteorological factors intensified O
3
reduction in the Guangxi region of South China.