FireRedASR-AED-L is an open-source, industrial-grade automatic speech recognition model designed to meet the needs for high efficiency and performance in speech recognition. This model utilizes an attention-based encoder-decoder architecture and supports multiple languages including Mandarin, Chinese dialects, and English. It achieved new record levels in public Mandarin speech recognition benchmarks and has shown exceptional performance in singing lyric recognition. Key advantages of the model include high performance, low latency, and broad applicability across various speech interaction scenarios. Its open-source feature allows developers the freedom to use and modify the code, further advancing the development of speech recognition technology.