An organic electroluminescent panel includes several sub-pixels. The sub-pixels include at least one first electrode; at least one shadow wall formed at the periphery of the first electrode; at least one first common layer formed on the first electrode; several emission layers independently formed on the first common layer; at least one second common layer formed on the emission layers; and at least one second electrode formed on the second common layer. During the fabricating process, the first, second, and third color evaporation sources are provided independently for forming the first, second, and third color emission layers on the corresponding region of first electrode. The tilt directions of three color evaporation sources and the evaporation angles between the evaporation source and the substrate surface are determined according to the positions and heights of the shadow walls.