This disclosure provides a display panel, including a first substrate, a second substrate, a liquid crystal layer between them, a first black matrix layer at a side of the first substrate facing the second substrate, a second black matrix layer at a side of the second substrate facing the first substrate, and an electrode layer at a side of at least one of the first substrate and the second substrate facing the liquid crystal layer. Each pixel unit includes at least one pixel portion. A region of the first black matrix layer corresponding to the pixel portion includes a light shielding portion and a light transmission portion, a region of the second black matrix layer corresponding to the light shielding portion is provided with a light through hole, an orthogonal projection of the light shielding portion on the second black matrix layer covers the light through hole.