Here's a photo of the 5.3 version:

- HENGLONG-1-16-RC-tank-spare-parts-No-2-4G-Receiver-5-3-version-from-2017.jpg (99.75 KiB) Viewed 6653 times
This is the one I bought (along with Tx) to replace the 27Mhz board in my MKIV F2. The Tx has the working silver buttons on top.
It's also the same MFU and Tx that came in my Pantiger. I know this because I have had both open and they say 5.3 on the bottom of the board.
My Sherman came with the same Tx, I haven't taken it apart yet but I'm "assuming" the MFU is the same.
My T34/85 came with the Tx that has the fake black buttons on top, haven't taken it apart yet either.
One big difference I see in the boards is the change from a 3-pin plug to a 2-pin plug that the photo calls the Smoking gearbox.
I smoked the elevation function on the MKIV board while attempting the conversion from 27Mhz to 2.4Ghz. I have since swapped MFUs between the MKIV and the Pantiger, I wanted my F2 to be in good working order. If I can find another 5.3 MFU and a new airsoft gun my Pantiger should be good as new.