Yes, the circuit board where you have marked in purple is the 12V to 5V converter. Pin1 is the input(12V) Pin 3 is the output (5V/YELLOW) Pin 2 is GND(Gray)....
IDK what it reads like in circuit, if you measure a dead short between any of the pins I would pull it out of the board and then apply 12V to the HM board and see if you can measure 12V at that point.....
I de-soldered the 12v to 5v board and then connected the 12v power to the HM. I am able to get 12v on my meter at the back barrel jack and from the and from the ground by the probes to the 12v + on the fan jack. So the 12 to 5v is probably DOA?
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Steve