Abstract: A display panel and a display apparatus. The display panel includes: a substrate; an isolation structure arranged on the substrate, the isolation structure enclosing and forming an isolation opening and a light-transmitting opening; a light-emitting unit being configured in the isolation opening; a conductive layer at least partially arranged on a side of the isolation structure away from the substrate; and a shielding layer arranged on the substrate, the shielding layer including a shielding portion, and an orthographic projection of the shielding portion on the substrate at least partially overlapping with an orthographic projection of the light-transmitting opening on the substrate.