The invention provides a display panel and a
display device. The display panel comprises a substrate and a
driving circuit layer, the
driving circuit layer comprises a light shielding layer, a first
active layer, a first gate layer and a second
active layer, the light shielding layer comprises a
first light shielding part, the first gate layer comprises a first gate of a compensation
transistor, and the first gate of the compensation
transistor and an active pattern of the compensation
transistor are correspondingly arranged. The first shading part is arranged corresponding to the active pattern of the first initialization transistor, the first gate layer can be adopted to form the
bottom gate of the compensation transistor, the shading layer can be adopted to form the
bottom gate of the first initialization transistor, and the distance between the first gate layer and the second
active layer is small, so that the electrical property improvement effect on the compensation transistor is good; as the space of the light shielding layer is large, the
bottom gate of the first initialization transistor arranged on the light shielding layer does not have a
short circuit problem, and the yield of the display panel and the electrical property of the
oxide thin film transistor are both considered.