Quantum light sources are essential for photonic quantum technologies including quantum communication, quantum computations and quantum metrology. The performances of solid-state quantum light sources are significantly improved in the last decade by merely engineering spontaneous emissions of quantum emitters with photonic nanostructures. However, the stimulated emission mediated single-photon sources are rarely exploited to date. Here, we show that the cavity-enhanced spontaneous emission of single epitaxial quantum dots (QDs) can be further efficiently tailored by stimulated emissions. The QD is firstly populated to a biexciton (XX) state by using two-photon resonant excitation (TPE). The stimulated pulses are then followed to selectively address the XX state into an exciton (X) state with a pre-defined polarization. The stimulated pulses dramatically modify the X decay dynamics and significantly improve the device performance as a polarized single-photon source in terms of the source brightness, single-photon purity and indistinguishability. Our method is universal and can be directly applied to the existing QD single-photon sources for improving the device performances. Beyond pursuing the ultimate single-photon source with a two-level system, three-level systems provide exciting opportunities for developing quantum photonic devices with unprecedented functionalities such as single-photon transistor for two optical beams and nanolasers with single exciton gains.