QTextEdit toMarkdown() function adds arbitrary linebreaks

#!/usr/bin/python3
from PyQt5 import QtWidgets, QtGui

lorem_ipsum = """What is Lorem Ipsum?
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum."""


class TextEdit(QtWidgets.QTextEdit):
    def __init__(self, parent):
        super().__init__()
        self.parent = parent
        self.isPlain = True
        self.setPlainText(lorem_ipsum)
        self.setWordWrapMode(QtGui.QTextOption.NoWrap)  # ## Has no effect
        self.setLineWrapMode(self.NoWrap)  # ## Has no effect

    def toggleMarkdown(self):
        if self.isPlain:
            text = self.toPlainText()
            self.setHtml(text)
        else:
            text = self.toMarkdown()  # ## This function adds arbitrary line wrap at every ~14 words
            self.setPlainText(text)
        self.isPlain = not self.isPlain


class Main(QtWidgets.QWidget):
    def __init__(self, parent):
        super().__init__()
        self.textEdit = TextEdit(self)
        self.toggleButton = QtWidgets.QPushButton("Toggle view mode")
        self.toggleButton.clicked.connect(self.textEdit.toggleMarkdown)
        self.layout = QtWidgets.QVBoxLayout()
        self.layout.addWidget(self.toggleButton)
        self.layout.addWidget(self.textEdit)
        self.setLayout(self.layout)
        self.resize(300, 200)
        self.show()


if __name__ == "__main__":
    app = QtWidgets.QApplication([])
    gui = Main(app)
    app.exec()