The present disclosure relates to the field of display technology, and discloses a display panel and a manufacturing method. The display panel includes a first substrate, a second substrate, a liquid crystal, and a backlight module, wherein the first substrate includes a display area and a bonding area adjacent to the display area, and the display area of the first substrate on one side close to the second substrate is provided with thin film transistors arranged in an array mode; the second substrate is disposed opposite to the display area of the first substrate; the liquid crystal is encapsulated between the first substrate and the second substrate; the area of the second substrate is smaller than that of the first substrate, and the second substrate is between the first substrate and the backlight module.