The invention provides a light-emitting module and a mobile terminal. The light-emitting module comprises at least one light-emitting component, a light guiding plate and a mobile terminal shell. The mobile terminal shell comprises at least one first light-transmitting region. The light-emitting components are arranged on a printed circuit board of the mobile terminal and electrically connected with the printed circuit board. The light guiding plate comprises at least one incident plane and at least one emitting plane. The incident planes and the light-emitting faces of the light-emitting components are oppositely arranged, and the emitting planes and the first light-transmitting regions are oppositely arranged. By arranging the light guiding plate opposite to the light-transmitting regions of the shell in the mobile terminal, the light guiding plate guides the light rays emitted by the light-emitting components to the light-transmitting regions of the shell, an appearance effect that the mobile terminal shell emits light is formed, the purpose of enhancing the visual effect of the mobile terminal shell is achieved, and the problem that an existing mobile terminal is monotonous in shell appearance is solved.