I bought one of these to use with a 12V supply so that I could get a variable output voltage. When I connected the 12V the output from the converter started off at about 6V and gradually increased to about 11.36V. Almost like a capacitor charging over a very very long time constant. I adjusted the output to 9V and then switched off. When I switched back on again I expected it to be 9V but no, it went back to about 6V and climbed back up again (taking about 20 minutes). Of course, there could be a fault with the converter but was wondering if anyone else had had any such problems before I send it back. I enclose an attached file showing the item.
The first thing I would ask for would be a schematic of the board, but there probably wasn't one included.
But, the circuit was probably copied right off of the data sheet for the PWM chip. Can you tell us the part number of the big black part in the middle?
Thanks to ronsimpson, I put a 2M2 resistor in as a load and it worked as it should. I would really like a cct diagram of it so I could understand what is going on. The only thing I can find on that 'big black part' is the number 330. I would be interested in why it needs a load though.