While all the pages and components of the control are rendered on the image, the content is completely missing from it. The issue is a regression caused by the migration of the model and its async rendering introduced in R3 2020.

Workaround: Fallback to the old rendering engine:

• Changing the default behavior:

 this.pdfViewer.DefaultImportSettings.UseOldRendering = true;

• Setting the property to the format provider used to show the document:

PdfImportSettings settings = PdfImportSettings.ReadOnDemand;
settings.UseOldRendering = true;