BEING RESEARCHED Numbered WWII Chinese Badge with Red Horse, Wing, Star, Sun

This is an unidentified Chinese badge from World War II. It shows the head of a red horse beneath a pair of white wings, a sun and a star. It is numbered 69 on reverse.

Circa World War II.

Approximately 3/4" in diameter.

Plated brass, enamel.

Horizontal safety style pin secured with coiled tube.

NO 69, characters.

This is from an unidentified collection which we will be listing more of over the next few months. Item will not be sold until it is identified. VCEX11 LX4/12 SBEJX3/16

8- (Very Fine-Excellent): The badge has some small spots of wear along edge; all enamel is intact.

As with all my artifacts, this piece is guaranteed to be original, as described.