A method of manufacturing a display panel includes providing a base substrate and forming a plurality of anodes above the base substrate; forming a photoresist layer above a side of the base substrate above which the plurality of anodes are formed, the photoresist layer including a plurality of openings and each opening corresponding to at least one anode; and forming a plurality of light emitting layers and a cathode layer sequentially above a side of the base substrate above which the plurality of anodes and the photoresist layer are formed, the cathode layer including a plurality of cathode films and each cathode film corresponding to a single opening.