Display panel and display device

A display panel comprising:

• a beam splitting member disposed between a light extracting member and a liquid crystal layer, for splitting a light extracted from the light extracting member into linearly polarized lights with polarization directions perpendicular to each other, the linearly polarized lights comprising a first linearly polarized light and a second linearly polarized light;
• and
• a modulating member disposed between the beam splitting member and the liquid crystal layer, and on a side of the beam splitting member away from the light extracting member for modulating the linearly polarized lights that are incident from the beam splitting member into the liquid crystal layer,
• wherein the modulating member comprises a drive electrode and a pixel electrode, which are disposed between the beam splitting member and the liquid crystal layer, and
• wherein the pixel electrode is closer to the liquid crystal layer than the drive electrode and the pixel electrode comprises a first pixel electrode and a second pixel electrode arranged in directions perpendicular to each other, for respectively modulating the linearly polarized lights with polarization directions perpendicular to each other, which are incident into the liquid crystal layer, wherein the first pixel electrode is configured to diffract the first linearly polarized light incident into the liquid crystal layer to deviate from a light shielding layer, and the second pixel electrode is configured to diffract the second linearly polarized light incident into the liquid crystal layer to deviate from the light shielding layer.