FireRedASR is an open-source industrial-grade Mandarin automatic speech recognition model, utilizing an Encoder-Decoder and LLM integrated architecture. It includes two variants: FireRedASR-LLM and FireRedASR-AED, designed for high-performance and efficient needs respectively. The model excels in Mandarin benchmarking tests and also performs well in recognizing dialects and English speech. It is suitable for industrial applications requiring efficient speech-to-text conversion, such as smart assistants and video subtitle generation. The open-source model is easy for developers to integrate and optimize.