[System.ComponentModel.TypeConverter(typeof(System.ComponentModel.ExpandableObjectConverter))]
public class Pug_NewText
{
    public string _Text = "Test Stuff";

    public event EventHandler Before;
    public event EventHandler After;

    [Browsable(true)]
    [EditorBrowsable()]
    [DesignerSerializationVisibility(DesignerSerializationVisibility.Visible)]
    public string Text
    {
        get => _Text;
        set
        {
            Before?.Invoke(this, new EventArgs());
            _Text = value;
            After?.Invoke(this, new EventArgs());
        }
    }

    public override string ToString()
    {
        return (_Text);
    }
}

public class TestControl : Control
{
    private Pug_NewText _NewText = new Pug_NewText();

    public TestControl()
    {
        _NewText._Text = "TestStuff";
    }

    [Browsable(true)]
    [EditorBrowsable()]
    [DesignerSerializationVisibility(DesignerSerializationVisibility.Content)]
    public Pug_NewText NewText
    {
        get => _NewText;
        set => _NewText = value;
    }

    public override string ToString()
    {
        return (_NewText._Text);
    }
}