Convert text with formatting to plain text

When encountering mtext entities that contain formatting codes like this example:
FLANGE 300# {\C256;RFWN 0.218"" WT} A694 F52
On screen it looks like: FLANGE 300# RFWN 0.218" WT A694 F52

AutoDesk does have the ExplodeFragments function to explode the mtext into regular text with no formatting with this code:

       ' explode the text
                                                Using mt = New MText()
                                                    mt.Contents = strCell

                                                    ' Explode the text fragments
                                                    mt.ExplodeFragments(Function(a, b)
                                                                            If a IsNot Nothing Then
                                                                                ' Assuming we have a fragment, use its text
                                                                                ' to set the cell contents
                                                                                strCell = a.Text
                                                                            End If
                                                                            Return MTextFragmentCallbackStatus.Continue
                                                                        End Function)
                                                End Using 

However, this does have a bug, in which if you were to use that code, all you would wind up with is:
A694 F52
Which the text is incomplete and worthless.

Autodesk has suggested to create an elaborate regex pattering from the code lists on the following pages:

https://knowledge.autodesk.com/support/autocad-lt/learn-explore/caas/CloudHelp/cloudhelp/2019/ENU/AutoCAD-LT/files/GUID-6F59DA4A-A790-4316-A79C-2CCE723A30CA-htm.html

However that is beyond my capabilities.
Does Aspose.CAD offer a function to accomplish converting mtext string with formatting to regular text?

@AroundLilac,
Could you please try cadMText.FullClearText (CadMText.FullClearText | Aspose.CAD for .NET API Reference), is it helpful?

Can I pass the formatted string directly to this to get the cleaned text?.
Or do I need to open the DWG and get the object’s property?

@AroundLilac,
this is the property of the specific MText object in the drawing. You need to load the DWG and call this property for the required MText entity.