This study analyzes a lacquered ear cup excavated from the Luobowan tomb complex in Guigang, Guangxi, attributed to the Nanyue Kingdom of the early Han dynasty. A range of analytical techniques, including optical microscopy (OM), scanning electron microscopy with energy-dispersive X-ray spectroscopy (SEM-EDS), pyrolysis–gas chromatography–mass spectrometry (Py-GC-MS), Fourier transform infrared spectroscopy (FT-IR), and X-ray diffraction (XRD), were employed to investigate the structural layers, material composition, and preservation state of the artifact. The lacquerware consists of four traditional layers: a wooden core, fabric reinforcement, lacquer ground, and lacquer film, reflecting Central Plains lacquerware techniques. The wooden core was identified as Phoebe sp., and the fabric layer is likely hemp, though fiber degradation limited exact identification. The lacquer ground layer contains natural lacquer mixed with SiO₂ from brick or tile powder. The lacquer film is a blend of Chinese and Vietnamese lacquer, with no synthetic additives or plant oils detected. The red lacquer layer contains cinnabar (HgS) as a pigment, while the black lacquer uses carbon black. Differences in moisture content between the red and black lacquer films are attributed to variations in surface porosity and pigment characteristics. This research provides valuable insights into Nanyue lacquer technology and preservation challenges.