Disclosed are an array substrate and a manufacturing method therefor, and a display panel. The array substrate includes a first metal layer including a first pattern; a second metal layer including a second pattern; a conduction layer located above the first metal layer and the second metal layer and including a third pattern; a first via hole adapted to connect the first pattern and the third pattern; a second via hole adapted to connect the second pattern and the third pattern; and a conductive material shielding ring surrounding the third pattern, where the conductive material shielding ring is insulated from the third pattern.